347 Washington Avenue, Miami Beach, FL 33139

$9,000,000

Virtual Tour

http://www.propertypanorama.com/instaview/mia/A10028516

Property Type: Commercial Sale Square Footage: 11,140 Status: Closed

Current Price: $9,000,000 List Date: 2/03/2015 Last Modified: 12/23/2025

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# A10028516

General Property Information

Number Of Buildings: Yes
Property Sub Type: Office
Occupant Type: Call Listing Agent
Building Area Main: 11140
Year Built: 1937
Parking Total: 10
Lot Size Area: 11140
Lot Size Acres: 0.26
Price Per Unit: 0

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

Contract Information

Comp Sale YN: No
Original List Price: 15900000

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
Area: 2420
Parcel Number: 0242030030960
Subdivision Number: 3
Zoning: RPS-3
Directions: Washington Avenue between 3rd and 4th street

Financial Information

Tax Annual Amount: 74022
Tax Year: 2015
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: 2016-08-18T20:24:49Z
Status Change Date: 2017-05-02
Under Contract Date: 2016-10-25
Close Date: 2017-04-26
Close Price: 9000000
Buyer Financing: Other

More Information

Building and Property Details

Improvement Height: 2 Stories

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

Office/Member Information

DXORIGMLSID: SEF

Electric

Other: Yes

Flooring

Carpet: Yes
Marble: Yes
Slate: Yes
Terrazzo: Yes

Parking Features

Free: Yes
Guest: Yes

Documents Available

Other Available Information: Yes
Photos: Yes

Structure Type

Hotel/Motel: Yes

Possession

Negotiable: Yes

Utilities

Sewer Available: Yes

Roof

Other: Yes

Income and Expenses

Inc/Exp Statement Period: No

Showing Requirements

24 Hour Notice: Yes
Call Listing Agent: Yes

Contingencies

None: Yes

Listing Office: One Sotheby's International Realty

Last Updated: December - 23 - 2025

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347 Washington Avenue, Miami Beach, FL 33139 (MLS# A10028516)