6,000 sqft

$8,400,000

220 31st St, Miami Beach FL, 33140

Price per sqft$1,400.00

Built in1939

Property size6,000 sqft

Property typeCommercial

Overview

Sold

Closed

Listed Aug 11, 2021

Updated 4 weeks ago

Amazing Investment Opportunity in Miami Beach! Commercial property (small hotel) for sale. 2 lots are included with this sale: 8,000 sq ft + 4,000 sq ft. Folio# 02-3226-001-1220 and 02-3226-001-1250. Currently operating as a boutique hotel one block away from the ocean. 52 hotel units, 4 buildings in total. FAR is 2.0. RM-2 Zoning District. The land has potential for an investor to increase the number of hotel rooms or develop apartments/short-term rentals.

Additional information

MLS^® ID: A11083674

Interior Features

Basement: No

Exterior Features

Lot Size: 0.14 Acres

Other Property Details

Taxes: $38,719
Tax Frequency: Annually

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 6:15 PM UTC, 10/14/2026.

Listed by: Sol/Mar Real Estate LLC, 786-389-7201