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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
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

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!!!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-4203-004-0150
Land Assessment
$3,900,000
Improvements Assessment
$3,700,000
Total Assessment
$7,600,000

zoning

Zoning Code 6501 (MXE; hotel and retail)
6501 (MXE; hotel and retail)
  • Listing ID: 19302062

  • Date on Market: 4/22/2020

  • Last Updated:

  • Address: 740 Ocean Dr, Miami Beach, FL 33139

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