Off-Market Deal in Miami Beach
Price$21,500,000
Investment Highlights
Miami Beach 54-key upscale boutique hotel, fully gut-renovated Nov 2025- turnkey, independent. 7-story reinforced concrete, interior corridor, restaurant + fitness + beach club amenity. Strong in-place & projected performance: ~$5.35M revenue, ~$1.91M NOI Yr1 (8.9% cap), ~$2.07M stabilized NOI (9.6% cap). Operator provides $850K annual GOP guarantee (personal guarantee). Asking $21.5M ($398K/key)
Location
📍 Miami Beach
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.