Hotel/Motel · Commercial Sale

524 Ocean Dr, Miami Beach FL 33139

Miami Beach, FL, 33139

$25,000,000

Presented by Parvani Commercial Group, Inc.

Multi-story building featuring structural balconies, glass-paneled railings, flat roof architecture, and ground-level storefronts

Outdoor terrace featuring a concrete patio, wall-mounted exterior lighting, and integrated booth seating

Exterior facade featuring Art Deco architectural detailing, a branded canopy structure, and a street-level terrace

Polished concrete flooring, contemporary crystal chandelier, and neutral wall surfaces

Rooftop terrace featuring an in-ground swimming pool, glass paneled railings, and expansive coastal scenery

Aerial perspective of mid-rise property featuring a rooftop terrace with pool and multi-level balconies

Large-format windows, sliding glass door with access to a balcony, light-toned stone-finish tile flooring, and a flush-mount ceiling light fixture

Wood-finish flooring, floor-to-ceiling windows, flush-mount ceiling lighting, and a glass-paneled door leading to an exterior balcony

About This Property

OCEAN DRIVE ALL-SUITES HOTEL WITH ROOFTOP SWIMMING POOL Modern 22-suite oceanfront hotel with a restaurant and bar in an iconic beachfront location, which attracts millions of visitors each year. Built in 1993, The Fritz Hotel offers 15 one and two-bedroom suites – all with kitchenettes and some with balconies, as well as 7 studios. The hotel boasts a rooftop swimming pool and sun deck overlooking Lummus Park and endless ocean views. The property is offered fee simple.

Property Details

Property Type: Hotel/Motel
Status: Active
MLS #: A12113598
Building Area: 22,686 SF
Lot Size: 6,018 SF
Year Built: 1993
Zoning: 6503
Days on Market: 162
Price: $25,000,000