511 16Th St Miami Beach, FL 33139

This exceptional 2-building hotel, completed in 2024, presents a lucrative investment opportunity in the heart of Miami Beach. Located at 511 16th Street, this ADA-compliant property boasts a prime location just steps from the iconic Lincoln Road Mall. Enjoy easy access to South Beach's vibrant attractions, including the beach, Ocean Drive, Flamingo Park, Espanola Way, and the renovated Convention Center. The property's proximity to world-class dining, shopping, and cultural experiences ensures high occupancy rates. Currently operating as a fully licensed short-term rental, this asset offers immediate income potential. The two buildings are two stories each, providing ample space for guests. The asking price for this remarkable hospitality investment is $8,250,000. This unique opportunity combines the allure of South Beach with the convenience of a fully operational, high-demand hotel. Detailed financial information is available upon request. Don't miss this chance to own a piece of Miami Beach's thriving hospitality market. This property is perfectly positioned to capitalize on the area's consistent tourism and strong rental demand. The property's operational status and existing licenses streamline the acquisition process, making it an attractive investment for experienced hospitality investors.