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- LoopNet Team
740 Ocean Dr
Miami Beach, FL 33139
ICONIC SOUTH BCH-Boulevard Hotel & Restaurant · Hospitality Property For Sale
·
13,092 SF

INVESTMENT HIGHLIGHTS
- Offers guests direct access to the City’s finest high-end restaurants, nightlife, and shopping all within walking distance.
- Nearby attractions include golf courses, Lincoln Road, Everglades, Parrot Jungle, Coconut Grove, Bayside Festival Marketplace and more.
- The Hotel is directly across the street from the white sands of one of the most famous beaches in the world, South Beach.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 13,092 SF |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 1950/2016 |
| Lot Size | 0.15 AC | Corridor | Interior |
| Zoning | 6501 - MXE; hotel and retail | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 13,092 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1950/2016 |
| Corridor | Interior |
| Zoning | 6501 - MXE; hotel and retail |
AMENITIES
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ABOUT 740 OCEAN DR , MIAMI BEACH, FL 33139
Ideally located along the most prominent block of Ocean Drive, the Boulevard Hotel is an iconic piece of Miami Beach real estate. Originally built in 1950, the property features 43 spacious rooms averaging 358 square feet and a ground floor restaurant of 2,650+ square feet with ample covered, outdoor seating; nine guestrooms are located on the first floor while the additional 34 are split evenly between the 2nd and 3rd floors. The highly coveted, 1st floor restaurant is currently operated by ownership offering casual seafood fare with tons of upside potential from a professional restaurateur or NNN leased. Price reduced and SELLER FINANCING UP TO 50% NOW AVAILABLE!!!
LINKS
PROPERTY TAXES
| Parcel Number | 02-4203-004-0150 | Improvements Assessment | $3,800,000 |
| Land Assessment | $3,900,000 | Total Assessment | $7,700,000 |
PROPERTY TAXES
Listing ID: 19302062
Date on Market: 4/22/2020
Last Updated:
Address: 740 Ocean Dr, Miami Beach, FL 33139
The Lummus Park Hospitality Property at 740 Ocean Dr, Miami Beach, FL 33139 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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