1320 Ocean Dr, Miami Beach, FL 33139, USA
$21,900,000 USD
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Address | 1320 OCEAN DR, Miami Beach |
Type of Property | Hotel / Motel |
Type of Business | Hotel / Motel |
Business Location | Beach Access |
Property Style | Hotel Waterfront |
Price | $21,900,000 |
Previous Price | $25,000,000 (50 days ago) |
Property Status | Active |
MLS Number | A10618359 |
Property Size | 16928 |
Lot Size | 16928 |
Year Built | 1936 |
Folio Number | 02-32-34-008-0500 |
Zoning Information | 6501 |
Days on Market | 722 |
Detailed Description: South Beach – Trophy 46-room Art Deco hotel with restaurant / bar and 4COP liquor license across from the ocean on world-renowned Ocean Drive. Designed by architect Roy F. France in 1936, the Cavalier Hotel is an irreplaceable historic masterpiece and a beautiful Ocean Drive landmark. Recently reopened after extensive renovations, this oceanfront gem offers new luxuriously appointed guestrooms and interior spaces, while maintaining its exquisite Art-Deco façade. Mixed-use entertainment (MXE) zoning allows for hotel, retail, restaurant and more in a world-class destination. The property is offered fee simple and unencumbered by brand and management, affording a new owner maximum flexibility in an iconic beachfront location, which attracts millions of visitors each year.
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Address Information
State | Florida |
City | Miami Beach |
County | Miami-Dade County |
Zip Code | 33139 |
Address | 1320 OCEAN DR |
Business Location | Beach Access |
Section | 34 |
Zip Code (4 Digits) | 4210 |
Google Location Info | 1320 Ocean Dr, Miami Beach, FL 33139, USA |
Financial Information
Price | $21,900,000 |
Price per Foot | $0 |
Previous Price | $25,000,000 |
Folio Number | 02-32-34-008-0500 |
Tax Amount | $147,260 |
Tax Year | 2020 |
Possession Information | Funding |
Full Descriptions
Detailed Description | South Beach – Trophy 46-room Art Deco hotel with restaurant / bar and 4COP liquor license across from the ocean on world-renowned Ocean Drive. Designed by architect Roy F. France in 1936, the Cavalier Hotel is an irreplaceable historic masterpiece and a beautiful Ocean Drive landmark. Recently reopened after extensive renovations, this oceanfront gem offers new luxuriously appointed guestrooms and interior spaces, while maintaining its exquisite Art-Deco façade. Mixed-use entertainment (MXE) zoning allows for hotel, retail, restaurant and more in a world-class destination. The property is offered fee simple and unencumbered by brand and management, affording a new owner maximum flexibility in an iconic beachfront location, which attracts millions of visitors each year. |
Year Built Description | Resale |
Waterfront Description | Ocean Access, Ocean Front |
Roof Description | Concrete |
Floor Description | Terrazzo, Wood |
Cooling Description | Central Building A / C |
Heating Description | Central Building A / C |
Water Description | Public |
Sewer Description | Public Sanitation |
Parking Description | None |
Property parameters
Living Area | 16928 |
Lot Size | 16928 |
Total Acreage | 0.000 |
Zoning Information | 6501 |
Maximum Leasable Size | 16928 |
Year Built | 1936 |
Type of Property | Hotel / Motel |
Type of Business | Hotel / Motel |
Style | Hotel Waterfront |
Construction Type | CBS Construction |
Stories Number | 3 |
Listed with | One Sotheby’s International Realty |