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Property profile & analytics
OFF-MARKET
Hospitality properties

0 Ocean Dr Miami Beach, FL 33139

6.99 ac lot Built 2007
Property ID
Property summary
AI-generated overview

This exceptional 2-story, 25-room motel in Miami Beach, Florida, presents a lucrative investment opportunity. Built in 2007 and renovated in 2016, this property boasts 6.99 acres of land in a prime location on Ocean Drive, zip code 33139, within Miami-Dade County. The permitted zoning is for mountain tourism. The motel features 18 rooms, each with a private bath and stunning views. Two additional independent homes are included, ideal for owner occupancy or staff housing. The property includes a main lobby with vaulted wood ceilings and an arboretum, a dining room serving breakfast, lunch, and dinner, and an observation lounge with breathtaking views. The motel is situated in a unique biodiverse environment, attracting a wide variety of wildlife. Its proximity to the Rio Celeste Waterfall and other attractions makes it a highly desirable destination. The property is easily accessible via well-maintained roads and is only 75 miles from Liberia International Airport (this detail may be inaccurate based on the original data's apparent confusion between Costa Rica and Miami Beach). The asking price is $1,800,000.

Property profile
Verified
Property type Hospitality properties
Year built 2007
Lot 6.99 ac (304,484 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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