Renovated Bed And Breakfast
For Sale
$3,699,000
Pending
1600 Drexel, Miami Beach, FL 33139
Hospitality property with renovated units, on-site parking, and access to Miami Beach attractions.
Property SizeContact for details
Days on Market3500
Property Features for 1600 Drexel
General Information
Standard status
Pending
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$31,176
Amenities
3
2 Parking Spaces.
Building Details
Year Built
1924
Listing Agency:
(305) 467-4026
Listed By:
The Keyes Company
(305) 467-4026
Source:
Xome
Added: Jan 29, 2017
Changed: Aug 30
Last Checked: Aug 30 at 10:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Keyes Company
Investment Insights
Based on property information with market context.
This bed and breakfast inn occupies a property built in 1924 in Miami Beach. Most units have been renovated, and the property includes two parking spaces. The offering is positioned for hospitality use, with short-term rental activity identified as legal in South Beach.
The property is located near Lincoln Road, The Bass, the Wolfsonian Museum, Washington Avenue, the beach, Collins Avenue, the Miami Beach Convention Center, Flamingo Park, The Fillmore, and City Center. Its central Miami Beach setting places multiple cultural, recreational, and entertainment destinations within close proximity.
The property is located near Lincoln Road, The Bass, the Wolfsonian Museum, Washington Avenue, the beach, Collins Avenue, the Miami Beach Convention Center, Flamingo Park, The Fillmore, and City Center. Its central Miami Beach setting places multiple cultural, recreational, and entertainment destinations within close proximity.
Key Highlights
- Bed and breakfast inn in Miami Beach
- Most units have been renovated
- Two on‑site parking spaces
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,506
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33139, FL
36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bed & breakfast - Hospitality property with renovated units, on-site parking, and access to Miami Beach attractions.
Where is this bed & breakfast located?
The property is located at 1600 Drexel Miami Beach, FL.
What is the asking price?
The asking price for this property is $3,699,000.
What are key features of this property?
This property features: Bed and breakfast inn in Miami Beach; Most units have been renovated; Two on‑site parking spaces
