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Modern Mansion of Miami 124 11th St 3 Room Hotel Miami Beach, FL 33139 £14,732,965 (£4,910,988/Room)
EXECUTIVE SUMMARY
Attention Trophy Property Buyers, now is your opportunity to purchase or rent THE ONLY freestanding residence on the iconic art deco South Beach promenade. This residence was one of the first homes ever built on South Beach. 50FT from Versace Mansion, 200 feet from South Beach & Ocean Drive. This is THE ONLY free standing single-family, 3 story mansion left to acquire that allows both residential & mixed-use commercial. Originally, there were 2 residences that could claim this title, Gianni Versace’s mansion residence & 124 11th St., however after Mr. Versace’s death, his residence was transformed into a hotel and restaurant. With direct access through two secure gates & a private elevator. The owner rent through a massive renovation on the building and was able to get approved to have an active AirBnb/STR/Hotel/Vacation Rental license and is currently on AirBnb for bookings. Brand new glass railings on the terraces are almost completed! We can also provide a clean inspection report by Wise Home Inspections as well as a 4-point and Wind Mit report.
PROPERTY FACTS
| Price | £14,732,965 | Total Plot Size | 0.03 ac |
| Price Per Room | £4,910,988 | Property Size | 3,438 sq ft |
| Sale Type | Investment | No. Rooms | 3 |
| Property Type | Hospitality | No. Floors | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1920/2024 |
| Costar Property Class | A | Corridor | Interior |
| Use Class | MXE, Miami - Mixed use entertainment | ||
| Price | £14,732,965 |
| Price Per Room | £4,910,988 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | A |
| Total Plot Size | 0.03 ac |
| Property Size | 3,438 sq ft |
| No. Rooms | 3 |
| No. Floors | 3 |
| Year Built/Renovated | 1920/2024 |
| Corridor | Interior |
| Use Class | MXE, Miami - Mixed use entertainment |
AMENITIES
- Balcony
- High Speed Internet Access
- Public Access Wi-Fi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | sq ft |
|---|---|---|---|
| Guest Room | 3 | £453.09 | - |
Walk Score®
Excellent pedestrian access (97)
Bike Score®
Good for cycling (75)
PROPERTY TAXES
| Parcel Number | 02-3234-008-0270 | Improvements Assessment | £833,103 |
| Land Assessment | £481,228 | Total Assessment | £1,314,330 |
PROPERTY TAXES
Parcel Number
02-3234-008-0270
Land Assessment
£481,228
Improvements Assessment
£833,103
Total Assessment
£1,314,330
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Modern Mansion of Miami | 124 11th St
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