$8,367,676
$9,900,000
15.5%For more information regarding the value of a property, please contact us for a free consultation.
8,884 SqFt
SOLD DATE : 06/02/2025
Key Details
Sold Price $8,367,676
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 8,884 sqft
Price per Sqft $941
MLS Listing ID A11725213
Sold Date 06/02/25
HOA Y/N No
Annual Tax Amount $30,020
Contingent Other
Lot Size 7,000 Sqft
Property Sub-Type Hotel/Motel
Property Description
Welcome to the last grandfathered hotel, Art Deco Marela, South of Fifth area in Miami Beach. This fully furnished, new, turn key & ready for immediate operation boutique hotel is a rare find, offering a unique blend of historic charm & modern luxury. Total 17 doors; configuration includes 12 king suites with pull out beds, 4 intimate queen suites & 1 residential apartment with long term rental, each one is a serene retreat. Completed in Dec 2024, meticulously designed by renowned architect & interior design firm, Urban Robot; exquisite furniture from the esteemed Parker Company. Situated in one of the most popular travel destinations, steps from 5-star restaurants, marina & the beach. This is an opportunity to own a piece of Miami Beach history.
Location
State FL
County Miami-dade
Area 42
Interior
Cooling Central Air
Flooring Vinyl
Window Features Impact Glass
Exterior
Exterior Feature Security/High Impact Doors
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction true
Others
Tax ID 02-42-03-009-5190
Security Features Fire Sprinkler System
Financing Cash
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Bought with The Agency Florida LLC
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