550 9th St ,Hotel for Sale

550 9th St for Sale

Price $25,500,000.00

• Lot size 52133
• Year Build 1966
• Waterfront
• Zip 33139
• Style
• Parking Description
• Pool Yes
• Status Active

Description

This hotel is a unique redevelopment project in the heart of Miami Beach, ready to begin construction and offering investors the opportunity to transform a historic building into a 113-room luxury boutique hotel. The proposed design blends historic charm with contemporary elegance, featuring high-end suites, a rooftop pool, fitness center, gourmet restaurant, event spaces, and the rare advantage of on-site parking?an uncommon amenity in this prime area. Strategically located in a high-demand market, this project is designed to attract upscale clientele and generate strong returns in Miami Beach?s thriving hospitality sector.

OCEAN BEACH ADD NO 3 PB 2-81 PORT LOTS 1 TO 4 - BEG NW COR LOT 1 S ALG W/L LOTS 1 TO 4 FOR 189FT E91.27FT NELY142.53FT W8.65FT NELY51.27FT W

This hotel is a unique redevelopment project in the heart of Miami Beach, ready to begin construction and offering investors the opportunity to transform a historic building into a 113-room luxury boutique hotel. The proposed design blends historic charm with contemporary elegance, featuring high-end suites, a rooftop pool, fitness center, gourmet restaurant, event spaces, and the rare advantage of on-site parking?an uncommon amenity in this prime area. Strategically located in a high-demand market, this project is designed to attract upscale clientele and generate strong returns in Miami Beach?s thriving hospitality sector.

City:Miami Beach,Zoning:9600,List A O R:A-Miami Association of REALTORS,Stories:7,Latitude:25.7791164,List Price:25500000,Listing Id:A11740506,Longitude:-80.1337046,Mls Status:Active,Year Built:1966,Postal Code:33139,Street Name:9th St,Coordinates:1:25.7791164,Photos Count:8,Days On Market:1,Lot Size Units:Square Feet,M I A M I R E_ Area:42,On Market Date:2025-02-06,Parcel Number:02-42-03-009-0100,Property Type:Commercial Sale,Stories Total:7,Street Number:550,Public Remarks:This hotel is a unique redevelopment project in the heart of Miami Beach, ready to begin construction and offering investors the opportunity to transform a historic building into a 113-room luxury boutique hotel. The proposed design blends historic charm with contemporary elegance, featuring high-end suites, a rooftop pool, fitness center, gourmet restaurant, event spaces, and the rare advantage of on-site parking?an uncommon amenity in this prime area. Strategically located in a high-demand market, this project is designed to attract upscale clientele and generate strong returns in Miami Beach?s thriving hospitality sector.,County Or Parish:Miami-Dade County,List Office Name:Beachfront Realty Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5722,Property Sub Type:Hotel/Motel,State Or Province:FL,Tax Annual Amount:137874,Unparsed Address:550 9th St, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,Building Area Total:52133,Building Area Units:Square Feet,Lot Size Square Feet:20873,Number Of Buildings:1,Original List Price:25500000,Public Survey Range:42,I D X Participation Y N:1,Syndication Remarks:This hotel is a unique redevelopment project in the heart of Miami Beach, ready to begin construction and offering investors the opportunity to transform a historic building into a 113-room luxury boutique hotel. The proposed design blends historic charm with contemporary elegance, featuring high-end suites, a rooftop pool, fitness center, gourmet restaurant, event spaces, and the rare advantage of on-site parking?an uncommon amenity in this prime area. Strategically located in a high-demand market, this project is designed to attract upscale clientele and generate strong returns in Miami Beach?s thriving hospitality sector.,Listing Contract Date:2025-02-06,Originating System I D:miamire,Public Survey Section:3,Street Number Numeric:550,Tax Legal Description:OCEAN BEACH ADD NO 3 PB 2-81 PORT LOTS 1 TO 4 - BEG NW COR LOT 1 S ALG W/L LOTS 1 TO 4 FOR 189FT E91.27FT NELY142.53FT W8.65FT NELY51.27FT W,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Redevelopment project in Miami Beach to transform a historic building into a 113-room luxury boutique hotel with rare on-site parking.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-02-06,Internet Address Display Y N:1,Number Of Units In Community:113,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,