1320 Ocean Dr, Miami Beach, Fl 33139

$21,900,000
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  • Broker Property Comments: South Beach – Trophy 46-room Art Deco hotel with restaurant bar and 4COP liquor license across from the ocean on world-renowned Ocean Drive. Designed by architect Roy F. France in 1936, the Cavalier Hotel is an irreplaceable historic masterpiece and a beautiful Ocean Drive landmark. Recently reopened after extensive renovations, this oceanfront gem offers new luxuriously appointed guestrooms and interior spaces, while maintaining its exquisite Art-Deco façade. Mixed-use entertainment (MXE) zoning allows for hotel, retail, restaurant and more in a world-class destination. The property is offered fee simple and unencumbered by brand and management, affording a new owner maximum flexibility in an iconic beachfront location, which attracts millions of visitors each year.

    If you have any questions about this property or would like more information, email or call.

Property Details

  • Address: 1320 Ocean Dr
  • MLS #: A10618359
  • Zip: 33139
  • Price: $21,900,000
  • City: Miami Beach
  • County: Miami-Dade County
  • State: FL
  • DOM: 521
  • Lot Sq Footage: 16928
  • Parcel Number: 02-32-34-008-0500
  • Prop Type/Type of Building: Hotel/Motel
  • Property SqFt: 16928
  • Status: Active
  • Year Built: 1936

Interior Features

  • Floor Description: Terrazzo Floors,Wood Floors
  • Interior Ceiling Height: 8
  • Maximum Ceiling Height: 10

Exterior Features

  • Acreage Description: 1/4 Acre Or Less
  • Approximate Lot Size: 16928
  • #Buildings: 1
  • Construction Type: CBS Construction
  • Door Height: Door Ht 0-8′
  • Electric Service: Other Electric
  • Heating Description: Central Building A/C
  • Lot Frontage: 50
  • Parking Description: None
  • Road Type Description: Two Lane
  • Roof Description: Concrete Roof
  • Sewer Description: Public Sanitation
  • #Stories: 3
  • Style of Property: Hotel Waterfront
  • Water Description: Public Water
  • Waterfront Description: Ocean Access,Ocean Front

Financial Information

  • For Sale: 1
  • Sale Includes: Building & Land
  • Tax Amount: 118466
  • Tax Year: 2018
  • Type of Property: Hotel
  • Zoning Information: 6501

This listing for the commercial property at 1320 Ocean Dr, Miami Beach, Fl 33139 is courtesy of One Sotheby’s International Realty.

All listing and other information for this 1320 Ocean Dr, Miami Beach, Fl 33139 commercial industrial is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Real estate listings displayed on this site, including but not limited this commercial industrial listing for the property at 1320 Ocean Dr, Miami Beach, Fl 33139, may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Information regarding property listings and otherwise is provided for consumer personal, non-commercial use, solely for the purpose of identifying real property for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. This 1320 Ocean Dr, Miami Beach, Fl 33139 commercial industrial realty listing data comes from Miami MLS (multiple listing service) and is updated on a daily basis. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. All MLS data displayed is deemed reliable but is not guaranteed accurate by the MLS or Hawkins Commercial Realty.

Contact us for more information, thoughts about valuation, how to make an offer, etc., related to this 1320 Ocean Dr, Miami Beach, Fl 33139 commercial industrial property, or other properties.

More Listed Commercial Properties in Zip 33139

Zip 33139 Commercial Realty Investment Profile

185 Off-Market / Non-MLS Listings Nearby

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0232340080500 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 02-2340-008-0500 (0232340080500)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records

Property Location*
Address: 1320 Ocean Dr
City: Miami Beach
State: Florida
Zip Code: 33139-4210 (Listings)
County: Miami-Dade (Listings)
  –
Building Size – English*
Living Square Feet: 16,928
Actual Square Feet: 16,928
Adjusted Square Feet: 16,928
  –
Lot Size – English*
Lot Size (sf): 6,500
Lot Size (acres): 0.15
  –
Building Size – Metric*
Living Square Meters: 1,572.66
Actual Square Meters: 1,572.66
Adjusted Sq M: 1,572.66
  –
Lot Size – Metric*
Lot Size (sq m): 604
Lot Size (ha): 0.06
  –
Zoning & Land Use*
Land Use: 3921 – Hotel Or Motel : Hotel
Zoning: 6501 – Commercial – Mixed Use Entertainment
Municipal Zoning: MXE (Miami Beach)
All Listed | All Properties
  –
Prior Sale #1*
Type: Not exposed to open-market; atypical motivation
Qual: U
Date: 02/24/2014
Amount: $12,500,000
  –
Prior Sale #2*
Type: Financial inst or “In Lieu of Forclosure” stated
Qual: U
Date: 03/18/2013
Amount: $1,500,100
  –
Prior Sale #3*
Type: Financial inst or “In Lieu of Forclosure” stated
Qual: Q
Date: 03/01/2002
Amount: $12,500,000
  –
Taxable Values*
Tax Year: 2019
Land: $3,900,000
Building: $3,800,000
Total: $7,700,000
Assessed: $6,930,000
County Taxable: $6,930,000
City Taxable: $6,930,000
Mill Code: 0200
  –
Ownership*
Owner 1: Ventura Capital One Llc
Owner 2: Attn Orlando Valdes
Mailing Address: 2733 Sw 27 Ave
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33133
Mailing Country: USA
  –
Building Information*
Bedrooms: 45
Bathrooms: 45.00
Stories: 3
Units: 45
Year Built: 1936
Effective Year Built: 1982
Extra Features 1: Chill Water A/c (aprox 300 Sqft/ton)
Extra Features 2: Elevator – Passenger
Extra Features 3: Sprinkler System/auto – Wet
  –
Legal Description*
Legal Description Concatenated: OCEAN BEACH ADDN NO 2 PB 2-56 LOT 6 BLK 18 LOT SIZE 50.000 X 130 OR 20262-1800 0302 1

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.

Current Traffic Map:

Birdseye Aerial View:

The above birdseye aerial view and current traffic map are created using the address recorded with the county property appraiser for the folio entered for this listing. It is provided on a best efforts basis only and is not guaranteed.