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Map
$50,000,000
●
Commercial -
For Sale
600 Ocean Dr
Miami Beach, FL 33139
Studio
0 Bath
$265,045
Estimated Monthly
$0
HOA / Fees
-0.44%
Cap Rate
About This Property
Nestled in the heart of Miami Beach's vibrant South Beach, just a
stone's throw away from the iconic Ocean Drive and its breathtaking
white sand beach, sits the historic Beach Paradise Hotel. Dating
back to the glamorous 1930s Art Deco era, this timeless gem has
been thoughtfully preserved, blending classic elegance with modern
amenities.
With its 54 rooms, the hotel offers a cozy retreat for travelers seeking a taste of old-world charm amidst the bustling energy of South Beach. But the allure doesn't end there. The property boasts a spacious on-site restaurant, beckoning guests to indulge in delectable cuisine against a backdrop of historic grandeur.
With its 54 rooms, the hotel offers a cozy retreat for travelers seeking a taste of old-world charm amidst the bustling energy of South Beach. But the allure doesn't end there. The property boasts a spacious on-site restaurant, beckoning guests to indulge in delectable cuisine against a backdrop of historic grandeur.
Unit Size
-
Days on Market
99 days
Land Size
0.39 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$19,537
HOA Dues
-
Year Built
1933
Listed By
Last updated: 3 months ago (Miami MLS #A11524293)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2024 | Listed by Beachfront Realty Inc | $50,000,000 | |
| Listed by Beachfront Realty Inc | |||
Property Highlights
Exterior Details
Property Information
Year Built: 1933
Building Information
Building Area Total: 30739
Building Area Units: Square Feet
Building Area Total: 30739
Lot Information
Lot Size Units: Square Feet
Lot Size Square Feet: 16939
Financial Details
Tax Legal Description: OCEAN BEACH ADDN NO 1 PB 3-11 LOTS 7 & 8 BLK 11 LOT SIZE IRREGULAR OR 18558-0578/18558-0576 0499 6 COC 25502-3014 04 2007 4
Tax Annual Amount: $234,439
Parcel Number: 02-42-03-004-0060
Property is Zoned: 6501
Location Details
No Home Owners Association
600 Ocean Dr
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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
6
Beds
8
Baths
9,039 ft²
$5,255/ft²
$47,500,000
Nov 6, 2023
-
$31,387/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Flamingo - Lummus
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Listed by: Marilina Apfelbaum
Beachfront Realty Inc
Last Updated: 3 months ago
Data Source: Miami MLS, MLS# A11524293
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Beachfront Realty Inc
Last Updated: 3 months ago
Data Source: Miami MLS, MLS# A11524293
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
