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347 Washington Avenue, Miami Beach, FL 33139

$9,000,000
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

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!

More Information MLS# A10028516

Contract Information

Comp Sale YN: No Listing Date: 2015-02-03 Status: Closed Original List Price: 15900000 Sold Price: $9,000,000 Current Price: $9,000,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Miami Beach Municipal Code: 2 Postal Code: 33139 Subdivision Number: 3 Country: United States Street Number: 347 Street Name: Washington Street Suffix: Avenue State Or Province: FL Postal Code +4: 6906 Area: 2420 Parcel Number: 0242030030960 Zoning: RPS-3 Directions: Washington Avenue between 3rd and 4th street

General Property Information

Number Of Buildings: 1 Price Per Unit: 0 Occupant Type: Call Listing Agent Lot Size Area: 11140 Property Sub Type: Office Building Area Main: 11140 Year Built: 1937 Parking Total: 10 Lot Size Acres: 0.26

Financial Information

Tax Assessed/SOH Value: 3736163 Assessor Market Value: 3736163 Tax Annual Amount: 74022 Tax Year: 2015 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

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Other 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

Electric

Other: 1

Flooring

Carpet: 1 Marble: 1 Slate: 1 Terrazzo: 1

Parking Features

Free: 1 Guest: 1

Documents Available

Other Available Information: 1 Photos: 1

Structure Type

Hotel/Motel: 1

Possession

Negotiable: 1

Utilities

Sewer Available: 1

Building and Property Details

Improvement Height: 2 Stories

Roof

Other: 1

Income and Expenses

Inc/Exp Statement Period: 0

Showing Requirements

24 Hour Notice: 1 Call Listing Agent: 1

Contingencies

None: 1

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

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
Listing Office: One Sotheby's International Realty
Last Updated: December - 23 - 2025
347 Washington Avenue, Miami Beach, FL 33139- MLS# A10028516
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