Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1215 West Ave Miami Beach, FL 33139

    For Sale
    $532,000

    Hotel Motel - Miami Beach, FL

    Type:Hotel-Motel
    Property size:
    502 SF
    Days on Market:
    316
    Last Refresh:
    Dec 13 at 7:06 am

    Property Features for 1215 West Ave

    General Information

    Property type
    Residential
    Property subtype
    Hotel-Motel
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 1
    Bedrooms
    1
    Bathrooms
    1
    APN
    02-32-34-244-0400
    Parking features
    On Street
    Patio and Porch features
    Deck
    Interior features
    Bedroom On Main Level, First Floor Entry
    Exterior features
    Deck
    Appliances
    Microwave, Refrigerator
    Size
    502 SF

    Taxes and HOA fees

    Expense value
    707
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2016
    Floors in Building
    8
    Flooring type
    Tile
    Building materials
    Block
    Architectural style
    Other

    Dalton Wade (727) 888-4175 [email protected]

    Listing agent Carolina Mizraji (888) 668-8283 License #3236227

    Listing date Feb 1, 2025

    MLS# A11583207 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miami Beach Condo Hotel

    This modern condo hotel, located in the heart of West Avenue in Miami Beach, Florida, presents a great investment opportunity. The property is perfect for travelers seeking accommodation in Miami. Short-term rentals are allowed, and the hotel program can be utilized. The unit includes a unique 290 square foot terrace. The owner also owns unit #306 and offers a package deal if both properties are purchased together. The owner has a fixed revenue program in the building. The property has a size of 502 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Law Firm Restaurant Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Food Market Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.141881
    Latitude
    25.782928

    Nearby Similar for Sale

    • New
      $550,000
      720 SF

      Carillon Miami Wellness Resort Suite

      One-bedroom hotel suite with two balconies in Miami Beach.
      6801 Collins Ave, Miami Beach, FL 33141
      View Details
    • $110,000

      Grocery Store Business Opportunity

      Remodeled grocery store in high-traffic Miami Beach location.
      North Bay Village, Miami Beach, FL 33141
      View Details
    • $1,630,000
      3,707 SF

      Miami Beach Fourplex Investment Opportunity

      Fourplex in prime Miami Beach location, close to the beach.
      7320 Carlyle Ave, Miami Beach, FL 33141
      View Details
    • $16,900,000

      Renovated Hotel in South Beach

      Fully renovated 25-suite hotel with cafe in Miami Beach.
      205 Collins Ave, Miami Beach, FL 33139
      View Details
    • $2,500,000
      3,990 SF

      Licensed Hotel/STR Multi-Family Building

      Rare, fully licensed hotel/short term rental in South Beach.
      1534 Euclid Ave, Miami Beach, FL 33139
      View Details
    • $2,500,000

      Licensed Hotel/STR Multifamily Building

      Rare, licensed South Beach hotel/short-term rental multifamily property for sale.
      1534 Euclid Ave, Miami Beach, FL 33139
      View Details

    FAQs

    What type of property is this?
    Hotel - Modern condo hotel with private terrace, suitable for short-term rentals.
    Where is this hotel located?
    The property is located at 1215 West Ave Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $532,000.
    What are key features of this property?
    This property features: - Fixed Revenue Program (unique in the building); - Short term rentals allowed; - Enjoy your Private 290 Sqft Terrace
    (888) 668-8283
    Request Owner's contact information
    1215 West Ave Miami Beach, FL 33139
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1215 West Ave
    Miami Beach, FL 33139
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1215 West Ave Miami Beach, FL 33139
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.