This Miami hotel investment presents a rare opportunity to acquire a fully renovated, income-generating hospitality asset in one of South Florida’s most desirable and historically preserved districts. Recently revitalized with over $5 million in upgrades, the property operates as a turnkey hotel with dual revenue streams and flexible lease structures designed for both stability and strategic repositioning.

Turnkey Asset with Dual Income Streams

Built in 1957 and fully renovated in 2020, this three-story, 58-key hotel sits on 0.77 acres and is leased to Active Stay MiMo for hotel operations. A secondary income stream is generated through an F&B lease with Mad Radio, offering strong cash flow diversity. The asset requires minimal capital expenditure from the next owner, ensuring immediate returns and operational ease.

Unique Features and Flexibility

A key highlight of the property is its grandfathered speakeasy, a one-of-a-kind feature that cannot be replicated in the district—adding significant intrinsic value. Both current leases include 90-day termination clauses, granting investors flexibility for future operational control, repositioning, or rebranding to a national hotel flag.

High-Barrier Submarket with Growth Potential

Situated in Miami, Florida, within the iconic MiMo District, this property benefits from one of the city’s highest barriers to entry due to strict historic preservation regulations—no new hotels are being developed in the area. The district’s upper midscale RevPAR averages $110, with strong potential for revenue growth through direct management or brand conversion. Its location provides exceptional proximity to key demand drivers including the Miami Design District, Wynwood, Brickell, Miami Beach, Downtown, the Cruise Port, and Miami International Airport.

Investment Highlights

• Turnkey asset – $5M+ in renovations; minimal capital needed
• Two income streams – hotel and restaurant leases
• Grandfathered speakeasy – irreplaceable district feature
• Lease flexibility – 90-day termination options for both tenants
• High RevPAR potential – upper midscale segment with upside
• Prime Miami location – minutes to major attractions and business hubs
• Historic district – high barriers to entry, strong appreciation outlook