Great Property near Miami River

For sale SOLD \ Out of Market


Property ID

13,167 SqFt



Located 2 blocks east of the burgeoning Miami River entertainment district, which houses restaurant/bars like Kiki on the River, Seaspice, The Wharf, Garcia’s, Casablanca, and more.​

Also, it’s 2 blocks west from the MiamiCentral Brightline Station, the property is poised to benefit from the growth around the station.​

Metro 1 Commercial LLC is proud to present the classic Demetree Hotel, a 25 key hotel currently operated by The Copper Door B&B, plus a 5,000 SF retail portion housing a lost-in-time speakeasy bar, ready to be resurrected, as well as 3 other retail units.​

The Property has a fresh new lease for the entire building, generating $400K +/- in NOI.​


  • ​Renovated in 2018
  • ​Currently operating and generating cash flow
  • Additional Value add on the ground floor retail
  • ​Two blocks away from the MiamiCentral Brightline Station
  • ​Two blocks away from the Miami River Entertainment District

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Address: 439 NW 4th Ave, Miami, FL 33128
  • Country: United States
  • Province / State: Florida
  • City / Town: Miami
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  • Property ID 3246
  • Price $6,650,000
  • Property Type Hotel, Retail
  • Property status For sale, SOLD \ Out of Market
  • Size 13,167 SqFt
  • Cap Rate 6.08%
  • Zoning T6-8 O
  • Price Per Sqft $505.05
  • Investment Type Value Add
  • Occupancy 100%
  • NOI $403,997
  • Keys 25
  • Year Renovated 2018
  • Stories 2


Zena Bardawell Farah

Property Agent
+1 305-967-7200
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