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1320 Ocean Dr
Miami Beach, FL 33139

$25,000,000 USD

Hotel For Sale  •  16,928 SF

Property Details

  • Property Type Hotel
  • Total Building Size 16,928 SF
  • Lot Size 0.15 AC
  • Building Class B
  • Year Built 1936
  • Zoning MXE
57 Transit Score
96 Walk Score

Description

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.

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

Major Tenants

Tenant SF Occupied Lease End Date
Vetura Way Inc

Amenities

  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Beach (direct access)

Public Transportation

Commuter RailDriveWalkDistance
Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 12 min - 5.5 mi
Government Center (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover), Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 13 min - 5.8 mi
AirportDriveWalkDistance
Miami International 30 min - 15.7 mi
Fort Lauderdale/Hollywood International 41 min - 27.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Susan Gale 305-695-4253 One Sotheby's International
Susan Gale 305-695-4253 One Sotheby's International