(312) 513-1002 email@example.com
This is a rare opportunity to purchase the world-famous Marlin Hotel, one of the true landmarks of South Beach. The 3-story art deco building features 14 designer suites, with the possibility to increase the number to 20-22 without impacting current sources of revenue.
The property is located in the heart of the South Beach section of Miami Beach. It was originally built in 1939 and always operated as a Hotel. Converted to condominium in 1991, it was recently subject to a complete renovation, completed in 2011.
In addition to the guest suites, the building has hosted, for more than twenty years, one of the most prestigious music recording studios in the US (South Beach Studios, included in the sale) and a restaurant / bar, currently fully equipped and licensed but not operated.
All suites are acoustically insulated, beautifully furnished and controlled via an iPad (furnished at check-in)..
The roof top is largely free of encumbrances and can host a deck.
Potential NOI exceeds $900,000 / year.
The Marlin Hotel is one of the most recognizable and photographed landmark buildings in Miami Beach.
Located in the Heart of South Beach between 12th and 13th Street on Collins Ave