THE PURCHASE PRICE $25,000,000 PLUS THE BUYER PAID 4% REAL ESTATE COMMISSION
MIAMI BEACH FL 33139
DIRECT TO SELLER
33 KEY HOTEL FLAT OUT IN THE MIDDLE OF ALL
OF THE ACTION KNOWN WORLD WIDE IN SOUTH BEACH
BUILT IN 1939
7,000 SF LOT
16,640 SF BUILDING
This is a rare opportunity to purchase the world-famous Marlin Hotel, one of the true landmarks of South Beach.
The 3-story art deco building features 14 designer suites, with the possibility to increase the number to 20-22 without impacting current sources of revenue.
The property is located in the heart of the South Beach section of Miami Beach.
It was originally built in 1939 and always operated as a Hotel.
Converted to condominium in 1991, it was recently subject to a complete renovation, completed in 2011.
The roof top is largely free of encumbrances and can host a deck.
NOI on tract to be $1.1 to $1.2M in 2024
The Marlin Hotel is one of the most recognisable and photographed landmark buildings in Miami Beach.
Located in the Heart of South Beach between 12th and 13th Street on Collins Ave
Updated Financials are available ONLY to direct buyers with POF & Website or BIO
SELLER WILL CONSIDER COMPETITIVE AND EXTREMELY SERIOUS OFFERS ONLY!!!
