Off-Market OfferingOff-Market Deal in Miami Beach
$21,500,000
Asking 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)
James Smith
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/miami-beach-hotel-2/
https://www.crezly.com/property/miami-beach-hotel-2/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.