1320 Ocean Dr

$21,900,000

1320 Ocean Dr, Miami Beach, FL 33139

For Sale

MLS ID: A10618359

  • 1936 BUILT

Property Details

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.

Amenities

Interior

  • FLOORING: Terrazzo, Wood

Exterior & Building

  • AIR CONDITIONING: Central Building A/C
  • WATER SOURCE: Public
  • LOT FEATURES: Beach Access
  • HEAT TYPE: Central Building A/C
  • ROOF: Concrete
  • PARKING FEATURES: None

Financial Details

  • REAL ESTATE TAXES: $118,466
  • SALES PRICE: $21,900,000

Work With Us

Joelle Oiknine has been recognized as one of the Top Ten producing agents at ONE Sotheby’s International Realty as well as being named to the Real Trends WSJ Top 100 agents in Miami on multiple occasions.