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Map
$26,253,700*
●
Commercial -
Off Market
1320 Ocean Dr
Miami Beach, FL 33139
Studio
0 Bath
16928 Sqft
$22,500,000 - $27,500,000
Reference Base Price*
5.01%
Since Aug 1, 2022
FL-Miami
Primary Model
About This Property
South Beach – Trophy 46-room Art Deco hotel with restaurant/bar and
4COP liquor license across from the ocean on world-renowned Ocean
Drive. Designed by architect Roy F. France in 1936, the
Cavalier Hotel is an irreplaceable historic masterpiece and a
beautiful Ocean Drive landmark. Recently reopened after
extensive renovations, this oceanfront gem offers new luxuriously
appointed guestrooms and interior spaces, while maintaining its
exquisite Art-Deco facade. Mixed-use entertainment (MXE)
zoning allows for hotel, retail, restaurant and more in a
world-class destination. The property is offered fee simple
and unencumbered by brand and management, affording a new owner
maximum flexibility in an iconic beachfront location, which
attracts millions of visitors each year.
The manager has listed the unit size as 16928 square feet.
The manager has listed the unit size as 16928 square feet.
Unit Size
16,928Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$1,477
Property Type
Commercial
Property Taxes
$12,272
HOA Dues
-
Year Built
1936
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 2, 2022 | No longer available | - | |
No longer available | |||
Aug 21, 2021 | Price Increased |
$25,000,000
↑ $3M
(14.2%)
|
|
Price Increased | |||
Jul 18, 2020 | Price Decreased |
$21,900,000
↓ $3M
(12.4%)
|
|
Price Decreased | |||
Mar 8, 2020 | Relisted | $25,000,000 | |
Relisted | |||
Mar 7, 2020 | No longer available | - | |
No longer available |
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Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Condo
4
Beds
5.5
Baths
3,955 ft²
$6,321/ft²
$25,000,000
Sep 19, 2022
-
$23,920/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/01/2022
|
|
Loft
|
-
|
-
|
$25,000,000
Loft
-
|
-
-
|
-
|
Susan Gale
One Sotheby's International Realty
|
02/13/2019
|
|
Loft
|
-
|
16928 ft²
|
$26,000,000
Loft
-
16928 ft²
|
-
-
|
-
|
Susan Gale
One Sotheby's International Realty
|