1680 E James Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale

  • $21,900,000
1680 E James Ave, Miami Beach FL 33139
Commercial Sale Active
1680 E James Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale
1680 E James Ave, Miami Beach FL 33139
  • $21,900,000

Overview

  • Hotel/Motel
  • Property Type
  • 1939
  • Year Built

Description

Discover an unparalleled investment opportunity with the historic James Hotel in Miami Beach, a gem in the heart of a world-class destination.This Art Deco hotel is perfectly situated just steps from the stunning Ocean Drive and the renowned shopping of Lincoln Road. Each of the 47 renovated rooms is thoughtfully equipped with modern amenities, microwave, and refrigerator. The hotel’s vibrant atmosphere offers a unique charm that sets it apart. A rare find in Miami Beach, the property boasts a spacious parking area for guests. With a FAR of 2.75 developers have an exceptional chance to expand on this prime site. The investment potential is underscored by a solid cap rate of 6.33 Seize the chance to own a piece of Miami Beach history while capitalizing on its promising development prospects

  • Address James Ave
  • City Miami Beach
  • State/county Miami-Dade County
  • Zip/Postal Code 33139

Details

Updated on April 11, 2025 at 5:28 pm
  • Property ID: A11597655
  • Price: $21,900,000
  • Land Area: 0.3444 Square Feet
  • Year Built: 1939
  • Property Type: Hotel/Motel
  • Property Status: Commercial Sale

Additional details

  • StreetDirPrefix: E
  • PublicSurveyRange: 32
  • ShowingInstructions: 24 Hour Notice,Appointment Only,Call Listing Agent
  • ListAgentKey: a08a08cf4902d2cea54d09d8322f2532
  • TaxLegalDescription: ALTON BEACH 1ST SUB PB 2-77 LOTS 11 & 12 BLK 31 LOT SIZE SITE VALUE OR 14353-315 1189 1
  • OnMarketDate: 2024-05-29
  • ListAgentEmail: [email protected]
  • ContractStatusChangeDate: 2024-05-29
  • MajorChangeTimestamp: 2024-11-12T12:59:43.940Z
  • Flooring: Terrazzo,Tile
  • PhotosCount: 71
  • Cooling: Central Building A/C,Central Individual A/C
  • StatusChangeTimestamp: 2024-05-30T13:30:41.957Z
  • SecurityFeatures: Other Fire Protection,Smoke Alarm,Fire Sprinkler System,Security Fence
  • BuildingName: James Hotel
  • PriceChangeTimestamp: 2024-11-12T12:59:43.940Z
  • ListingKeyNumeric: 396509059
  • MajorChangeType: Price Increase
  • ListingContractDate: 2024-05-29
  • Zoning: 6600
  • ListAOR: A-Miami Association of REALTORS
  • TaxAnnualAmount: 93673
  • ListOfficeName: The Corcoran Group
  • CurrentUse: Hotel Non-Waterfront
  • OriginatingSystemKey: miamire
  • BusinessType: Hotel/Motel
  • PhotosChangeTimestamp: 2025-02-17T14:09:38.783Z
  • RoadFrontageType: City Street,Private Road
  • OriginatingSystemName: Miami Association of REALTORS®
  • ListOfficePhone: 305-395-4982
  • MlsStatus: Active
  • StreetNumber: 1680
  • ListingKey: 938e574ab200cea5d89bb7b6795c9046
  • StateOrProvince: FL
  • ShowingContactType: Agent
  • ListOfficeKey: 08543a14f5948da192e910cd85c9f9bd
  • BridgeModificationTimestamp: 2025-04-11T15:14:15.357Z
  • ListAgentFullName: Roberto Pecchi
  • Roof: Other
  • ParkingTotal: 20
  • ListAgentOfficePhone: 305-395-4982
  • Stories: 3
  • ParcelNumber: 02-32-34-019-0710
  • ListingTerms: All Cash,Conventional/Refinance
  • YearBuiltDetails: Resale
  • OtherExpense: 0
  • Possession: Funding
  • IDXParticipationYN: 1
  • DistanceToFreewayNumeric: 6
  • SpecialLicenses: City Licenses,County Licenses,Occupational Licenses,State Licenses
  • InternetAddressDisplayYN: 1
  • ListAgentMlsId: 3262034
  • WaterSource: Public,Well
  • StoriesTotal: 3
  • ModificationTimestamp: 2025-04-11T15:10:57.717Z
  • OriginatingSystemID: miamire
  • PreviousListPrice: 21500000
  • DaysOnMarket: 317
  • ListOfficeMlsId: CSMG02
  • Inclusions: Building & Land,Business,License, Inventory,License
  • ListAgentDirectPhone: 786-564-2318
  • StreetNumberNumeric: 1680
  • ParkingFeatures: Common,Free Parking,Guest
  • PostalCodePlus4: 3115
  • NumberOfUnitsInCommunity: 47
  • Sewer: Public Sanitation
  • SyndicationRemarks: Discover an unparalleled investment opportunity with the historic James Hotel in Miami Beach, a gem in the heart of a world-class destination.This Art Deco hotel is perfectly situated just steps from the stunning Ocean Drive and the renowned shopping of Lincoln Road. Each of the 47 renovated rooms is thoughtfully equipped with modern amenities, microwave, and refrigerator. The hotel's vibrant atmosphere offers a unique charm that sets it apart. A rare find in Miami Beach, the property boasts a spacious parking area for guests. With a FAR of 2.75 developers have an exceptional chance to expand on this prime site. The investment potential is underscored by a solid cap rate of 6.33 Seize the chance to own a piece of Miami Beach history while capitalizing on its promising development prospects
  • StructureType: Hotel/Motel,Hotel
  • ListAgentStateLicense: 3262034
  • PublicSurveyTownship: 32
  • StreetName: James Ave
  • ListingAgreement: Exclusive Right To Sell
  • PublicSurveySection: 34
  • SpecialListingConditions: Sale
  • NumberOfBuildings: 1
  • OriginalListPrice: 23900000
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • BuildingFeatures: Central Tv Antenna,City Licenses,County Licenses,Elevator,Lobby,Occupational Licenses,Office
  • OriginalEntryTimestamp: 2024-05-30T13:30:41.957Z
  • SourceSystemKey: 396509059
  • Ownership: Corporation
  • DocumentsAvailable: Aerial Photo(S),Appraisal,Deed,Financial Statement,Photos
  • ConstructionMaterials: CBS Construction
  • LotSizeSquareFeet: 15000
  • Electric: 110 Volts Power,3 Phase Electric
  • BuildingAreaTotal: 20079
  • OtherEquipment: Central Tv Antenna

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