Seacliff Hotel

222 14th St., Miami Beach, FL 33139
7.18% Cap Rate
60 Total Rooms
$1,400,000 NOI
$325,000 Price Per Key
65800 Building SF
   

Investment Highlights

  • This top location and amenities that offer all the comfort and conveniences of home make for a memorable stay in the Los Angeles area. This seven-story, 132-room hotel presents a new owner the opportunity to acquire a value-add property within the highly desirable Los Angeles MSA.

Strong Sub-Tenants

  • The hotel’s business guests can make a circuit of major area corporations like Anheuser-Busch and Capital Records, and members of the medical industry find Kaiser Permanente and Northridge Hospital within easy driving distance.

Location Summary

  • Owner-operator opportunity or value-add through future redevelopment Prime redevelopment parcel with existing development plans Existing plans allow a potential developer to build a hotel with 94 rooms, 5 stories and with an ample of amenities Located in the heart of Hollywood Beach only a block from the ocean/beach Central Broward County location with strong demographics.
  • Named one of America's Best Beach Boardwalks by Travel + Leisure magazine, this brick-paved thoroughfare is a haven for joggers, bicyclists, roller-bladers and all who'd prefer to take in the action from the comfort of one of the countless eateries and cafés along the way.
  • This top location and amenities that offer all the comfort and conveniences of home make for a memorable stay in the Los Angeles area. This seven-story, 132-room hotel presents a new owner the opportunity to acquire a value-add property within the highly desirable Los Angeles MSA.

City Of Palm Beach

  • The City Of Palm Beach is conveniently nestled between Fort Lauderdale and Miami. A trip Advisor Traveler's Choice Winner, Hollywood Beach features a one-of-a-kind oceanfront promenade called the Hollywood Beach Boardwalk that stretches nearly two and a half miles along the Atlantic (±0.1 mile from Portfolio).
  • The Palm Beach Hotel Portfolio is located in a prime tourist destination and the Fort Lauderdale/Hollywood International Airport is just a short 10 minute drive, Miami International Airport is located just 30 minutes South, and Port Everglades is located just 10 minutes away and serves nearly 20 cruise lines.

Location & Neighborhood

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