Property summary
This exceptional 27,412 square foot restaurant, located within a hotel, presents a unique investment opportunity. The property boasts a captivating Art Deco design, enhanced by its setting on a palm tree-lined street. The restaurant's interior is elegantly designed within the hotel lobby, creating an inviting atmosphere for diners. Adding to its appeal are two outdoor terraces, offering al fresco dining options with ample outdoor exposure. The restaurant's prime location provides easy access to the ocean, a mere five-minute walk away. Its strategic position also places it directly across the street from Soundscape Park and The Fillmore, offering patrons convenient access to vibrant local entertainment and cultural attractions. The property is zoned 4000 and has a single tenant occupancy within a single-suite building (APN: 02-32-26-001-0170). This turnkey operation offers a blend of sophisticated ambiance, convenient location, and proximity to cultural hotspots, making it an attractive proposition for discerning investors.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
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Dog Walker
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Hotel & Motel
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
4000:MULTI-FAM,63-100 U/A · Miami Beach, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 4000:MULTI-FAM,63-100 U/A in Miami Beach, FL.
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