1320 Ocean Dr, Miami Beach, FL 33139
45 Room Hotel | Miami Beach, FL 33139 | $25,000,000 ($555,556/Room)
For Sale
Active
9 pictures
Asking Price $25,000,000
- Property Type
-
Hospitality
- Square Feet
- 16,928 SF
Listing Contacts
Susan Gale
- Property Info
Property Overview
South Beach – Trophy 46-room Art Deco hotel with 111-seat 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. New commercial kitchen and laundry room. Fire sprinkler system, elevator, and impact windows and doors throughout. 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.
Property Details
- Class
- B
- Year Built/Renovated
- 1936/2016
- Stories
- 3
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 6,534 SF
- Units
- 45
Highlights
- Renovated 46-room trophy hotel on Ocean Drive
- Across from the ocean and white-sand beaches
- New commercial kitchen and laundry room
- Impact windows and doors throughout
- 111-seat restaurant/bar with 4COP liquor license
- Offered fee simple and unencumbered by brand and management
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