MLS#: A11754373

$25,500,000 USD

The details

Property features

Construction details

  • Year built: 1924

Description

PRIME MIXED USE HOTEL/RETAIL BUILIDNG in one of the most prominent and visible corners in the Faena District in Miami Beach, directly across the street from the Edition Resort and just steps to the beach. This exciting opportunity allows you to reposition and redevelop one of Faena districts last remaining development sites. All structural and exterior work has been completed, allowing you to step into the final phase of the project permitting you the opportunity to design your own unique concept. Develop the project with the approved plans and permits to create a distinctive 44 unit, all suite resort with over 7,500 sq feet of retail or take advantage of the prime zoning allowing you to develop up to a 70 room hotel.

Location

Miami Beach, Florida
Courtesy of Susan Gale One Sotheby's International Re