220 31st Street, Miami Beach, FL 33140 (MLS# A11083674)


Offices Agents
7
Agents Found
Agustin Arellano
Southfields Real Estate, Inc.
ph: 803-295-3388
[email protected]
Ashley Arguello
Southfields Real Estate, Inc.
ph: 908-670-0614
[email protected]
http://oneforonegroup.com
Carlos R. Arellano
Southfields Real Estate, Inc.
ph: 561-644-2474
[email protected]
http://HTTP://WWW.SOUTHFIELDSRE.COM
Diego Arellano
Southfields Real Estate, Inc.
ph: 561-389-4699
[email protected]
http://southfieldsre.com/
Gina O Arellano
Southfields Real Estate, Inc.
ph: 305-389-0259
[email protected]
http://HTTP://WWW.GINAARELLANO.COM

1 2 Next

220 31st Street, Miami Beach, FL 33140

$8,400,000
Property Type: Commercial Sale Square Footage: 6,000 Status: Closed
Current Price: $8,400,000 List Date: 8/11/2021 Last Modified: 5/18/2026

Overview

Description

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.

Listing Details MLS# A11083674

General Property Information

Number Of Buildings
4
Property Sub Type
Hotel/Motel
Price Per Unit
230769
Occupant Type
Tenant
Building Area Main
6000
Year Built
1939
Year Built Details
YearBuiltDescription Resale
Lot Size Area
6000
Lot Size Acres
0.14
Stories Total
3

Property Features

Documents Available: Aerial Photo(s); Site Plans Location of Property: Inside Lot Parking Features: On Street Possession: Negotiable Property Condition: Resale Sale Includes: Building; Land Listing Terms: Cash; Conventional Structure Type: Hotel/Motel Showing Requirements: Call Listing Agent Contingencies: Inspection

Contract Information

Comp Sale YN
No
Original List Price
12000000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
220
Street Name
31st
Street Suffix
Street
City Name
Miami Beach
State Or Province
FL
Postal Code
33140
Postal Code +4
4103
Area
2320
Parcel Number
0232260011220
Subdivision Number
Yes
Zoning
4000
Flood Zone
AE
Directions
Between Collins Ave and Indian Creek on 31st Street.

Financial Information

Tax Annual Amount
38719
Tax Legal Description
23-26-27- 34 53 42 M B IMPROVEMENT CO SUB PB 5-7 LOTS 14 & 17 BLK 14 OR 16239-3731 0194 2 (2)

Status Change Information

Major Change Timestamp
2022-07-05T15:02:43Z
Major Change Type
Status Change
Price Change Timestamp
2021-11-11T16:32:43Z
Status Change Date
2022-07-08
Under Contract Date
2022-04-18
Close Date
2022-07-05
Close Price
8400000
Buyer Financing
Cash

More Information

Buyer Details

Intended Use
Investment

Concessions

Seller Concessions
No

Section Details

Parcel Number MLX
1220

Originating Details

Originating System Key
361524868
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Parking Features

On Street
Yes

Property Condition

Resale
Yes

Documents Available

Aerial Photo(s)
Yes
Site Plans
Yes

Structure Type

Hotel/Motel
Yes

Location of Property

Inside Lot
Yes

Possession

Negotiable
Yes

Sale Includes

Building
Yes
Land
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Showing Requirements

Call Listing Agent
Yes

Contingencies

Inspection
Yes
IDX
Listing Office: Sol/Mar Real Estate LLC
Last Updated: May - 18 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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