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7700 Biscayne Blvd, Miami, FL, 33138

SELINA GOLD DUST
$12,700,000

Key Information

Cap Rate
9.2%
Tot. SF
33,541
$ per unit
$218,965
Units
58
Year Built
1957/R 2020
Type
Hospitality

Highlights

  • Turnkey Asset: Over $5M invested in complete renovations; minimal capital required by next owner.
  • Two Revenue Streams: Income from both hotel operations (leased to Active Stay MiMo) and F&B lease (Mad Radio).
  • Grandfathered Speakeasy: Cannot be replicated in the district; included in the offering.
  • Termination Flexibility: Both leases include 90-day termination options, allowing for operational takeover.
  • Upper Midscale RevPAR: Market RevPAR is $110; potential to exceed with direct management or brand conversion.
  • High Barrier to Entry: MiMo District is historically preserved with no new hotels under development.
  • Strategic Location: Minutes to Miami Design District, Wynwood, Miami Beach, Brickell, Downtown, Cruise Port, and MIA Airport.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203