Hotel for Sale in South Beach, Florida-Miami-Dade County, USA

Hotel-Rest.-retail-Entertainment Complex Art-Deco District

This property is located across from famed South Beach's Clevelander Hotel with 200 feet of frontage on Collins Avenue. The construction lender is unable to fund the $12 Million balance of the construction loan, therefore the developer is willing to sell the partially completed project outright or he will consider a joint venture. This will be a Four-Star ultra luxurious Boutique Hotel in the best location in one of the hottest hotel markets in the nation. It will consist of 77 Luxury Suites with over 20,000 square feet of retail and restaurant space. One block from Ocean Drive and five blocks from Lincoln Road. A joint-venture is preferred. The developer wants to see this project completed and be part of it, but an outright sale is also possible.

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