347 Washington Avenue, Miami Beach, FL 33139

$9,000,000

Virtual Tour

http://www.propertypanorama.com/instaview/mia/A10027825

Property Type: Land & Docks Lot Size (sq. ft.): 11,140 Status: Closed

Current Price: $9,000,000 List Date: 1/13/2016 Last Modified: 6/06/2026

Overview

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!

Listing Details MLS# A10027825

General Property Information

Property Sub Type: Unimproved Land
Lot Size Acres: 0.26
Lot Size Square Feet: 11140
Lot Size Dimensions: 13000
LP/Assessed Value: 3.72
LP/SqFt: 1247.76
Lot Depth: 0
Lot Frontage: 0

Property Features

Comprehensive Plan Use: Urban Commerce Current Use: Commercial; Hotel/Motel; Unimproved Environmental Audit: None Location of Property: City Location Possession: Negotiable Special Information: City Jurisdiction Utilities: Electricity Available; Sewer Available; Other Listing Terms: Cash; Conventional Lot Features: Other Road Responsibility: Public Maintained Road Water Source: Public Showing Requirements: Call Listing Agent Contingencies: None

Contract Information

Comp Sale YN: No
Original List Price: 15900000
LP/Acre: 54360578.8

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 347
Street Name: Washington
Street Suffix: Avenue
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 6906
Postal Zip: 33139
Subdivision Name: Ocean Beach Florida
Area: 2420
Parcel Number: 0242030030960
Subdivision Number: 3
Zoning: RPS-3
Directions: Washington Avenue between 3rd and 4th street

Financial Information

Tax Year: 2015
Tax Annual Amount: 74022
Tax Assessed/SOH Value: 3736163
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
Assessor Market Value: 3736163

Status Change Information

Major Change Timestamp: 2017-04-26T14:34:16Z
Major Change Type: Status Change
Price Change Timestamp: 2016-08-18T20:25:26Z
Status Change Date: 2017-05-02
Under Contract Date: 2016-10-25
Close Date: 2017-04-26
Close Price: 9000000
Buyer Financing: Other
SP/Acre: 35197497.07

More Information

Buyer Details

Intended Use: Unknown/Withheld

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 0960

Originating Details

Originating System Key: 213982573
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Comprehensive Plan Use

Urban Commerce: Yes

Current Use

Commercial: Yes
Hotel/Motel: Yes
Unimproved: Yes

Environmental Audit

None: Yes

Location of Property

City Location: Yes

Possession

Negotiable: Yes

Special Information

City Jurisdiction: Yes

Utilities

Electricity Available: Yes
Sewer Available: Yes
Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Other: Yes

Road Responsibility

Public Maintained Road: Yes

Water Source

Public: Yes

Income and Expenses

Inc/Exp Statement Period: No

Showing Requirements

Call Listing Agent: Yes

Contingencies

None: Yes

Listing Office: One Sotheby's International Realty

Last Updated: June - 06 - 2026

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347 Washington Avenue, Miami Beach, FL 33139 (MLS# A10027825)