Build your own Boutique Hotel inside the Mercury Hotel. An entire floor, in the heart of Miami Beach, only one block away from Ocean Drive and located in the prestigious South of Fifth. Widely recognized as one of the most affluent areas in Miami, offering 5-star restaurants, café, luxury condo living, a white sand beach, and much more. All the hotel rooms offer a fully equipped kitchen and a spacious living room, making these units a combination of comfort, style, and functionality. This investment opportunity with its 10 units, hotel licensing rights, a dedicated desk area and a storage facility, It grants you a turnkey hotel business.
1 UNIT AVAILABLE
Unit 10
| Unit Size | 4,760 SF | Cap Rate | 10.46% |
| Price | $3,800,000 | NOI | $397,375 |
| Price Per SF | $798.32 | Sale Conditions | Bulk/Portfolio Sale |
| Condo Use | Retail | APN/Parcel ID | 02-4203-235-0010 |
| Sale Type | Investment | | |
SALE NOTES
Build your own Boutique Hotel inside the Mercury Hotel. An entire floor, in the heart of Miami Beach, only one block away from Ocean Drive and located in the prestigious South of Fifth. Widely recognized as one of the most affluent areas in Miami, offering 5-star restaurants, cafe', luxury condo living, a white sand beach, and much more. All the hotel rooms offer a fully equipped kitchen and a spacious living room, making these units a combination of comfort, style, and functionality. This investment opportunity with its 10 units, hotel licensing rights, a dedicated desk area and a storage facility, it grants you a turnkey hotel business. 10 Individual Units
AMENITIES
- Pool
- High Speed Internet Access
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Hot Tub
- Fully-Equipped Kitchen
Daniele Tavella
+1 786-359-3209
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