$9,000,000
Miami Beach, FL 33139
MLS# A10028516
Status: Closed
11140 sqft
1 / 16
Property Description
SOBE HOTEL plus adjoining lot w/approved plans for development. Renovated Art Deco boutique hotel w/lobby cafe & 24 spa suites boasting steam showers w/multi-jet massage systems. Proposed plans will increase the room count to 41 keys w/a 44- seat restaurant, parking, & a rooftop swimming pool & sundeck. Income-producing property w/amazing upside in sought-after South of Fifth St, 2 blocks to the ocean, & steps from new, multimillion dollar developments. Exciting opportunity!
Details
Contract Information
Comp Sale YN: No
Listing Date: 2015-02-03
Status: Closed
Original List Price: 15900000
Sold Price: $9,000,000
Current Price: $9,000,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Municipal Code: 2
Postal Code: 33139
Subdivision Number: 3
Country: United States
Street Number: 347
Street Name: Washington
Street Suffix: Avenue
State Or Province: FL
Postal Code +4: 6906
Area: 2420
Parcel Number: 0242030030960
Zoning: RPS-3
Directions: Washington Avenue between 3rd and 4th street
General Property Information
Number Of Buildings: 1
Price Per Unit: 0
Occupant Type: Call Listing Agent
Lot Size Area: 11140
Property Sub Type: Office
Building Area Main: 11140
Year Built: 1937
Parking Total: 10
Lot Size Acres: 0.26
Financial Information
Tax Assessed/SOH Value: 3736163
Assessor Market Value: 3736163
Tax Annual Amount: 74022
Tax Year: 2015
Tax Legal Description: 3 54 42OCEAN BEACH FLA SUB PB 2-38LOT 14 BLK 7LOT SIZE 50.000 X 130FAU 02 4203 320 0001FKA ST AUGUSTINE HOTEL CONDO
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Other
Major Change Timestamp: 2017-04-26T14:34:16Z
Major Change Type: Status Change
Price Change Timestamp: 2016-08-18T20:24:49Z
Status Change Date: 2017-05-02
Under Contract Date: 2016-10-25
Close Date: 2017-04-26
Close Price: 9000000
Electric
Other: 1
Flooring
Carpet: 1
Marble: 1
Slate: 1
Terrazzo: 1
Parking Features
Free: 1
Guest: 1
Documents Available
Other Available Information: 1
Photos: 1
Structure Type
Hotel/Motel: 1
Possession
Negotiable: 1
Utilities
Sewer Available: 1
Building and Property Details
Improvement Height: 2 Stories
Roof
Other: 1
Income and Expenses
Inc/Exp Statement Period: 0
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Contingencies
None: 1
Buyer Details
Intended Use: Unknown/Withheld
Concessions
Seller Concessions: No
Section Details
Parcel Number MLX: 0960
Originating Details
Originating System Key: 214057410
Originating System ID: M00000151
Property Features
Documents Available: Other Available Information
Electric: Other
Flooring: Carpet; Marble; Slate; Terrazzo
Parking Features: Free; Guest
Possession: Negotiable
Roof: Other
Structure Type: Hotel/Motel
Utilities: Sewer Available
Showing Requirements: 24 Hour Notice; Call Listing Agent
Contingencies: None
Listing Office: One Sotheby's International Realty
Last Updated: December - 23 - 2025
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