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347 Washington Avenue, Miami Beach, FL 33139

$9,000,000

Virtual Tour

http://www.propertypanorama.com/instaview/mia/A10027825

Property Type: Land & Docks Lot Size (sq. ft.): 11,140 Status: Closed

Current Price: $9,000,000 List Date: 1/13/2016 Last Modified: 6/06/2026

Description

SOBE HOTEL plus adjoining lot w/approved plans for development. Renovated Art Deco boutique hotel w/lobby cafe & 24 spa suites boasting steam showers w/multi-jet massage systems. Proposed plans will increase the room count to 41 keys w/a 44-seat restaurant, parking, & a rooftop swimming pool & sundeck. Income-producing property w/amazing upside in sought-after South of Fifth St, 2 blocks to the ocean, & steps from new, multimillion dollar developments. Exciting opportunity!

More Information MLS# A10027825

Contract Information

Comp Sale YN: No LP/Acre: 54360578.8 Listing Date: 2016-01-13 Status: Closed Original List Price: 15900000 Sold Price: $9,000,000 Current Price: $9,000,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Miami Beach Municipal Code: 2 Postal Zip: 33139 Subdivision Number: 3 Country: United States Street Number: 347 Street Name: Washington Street Suffix: Avenue State Or Province: FL Postal Code: 33139 Postal Code +4: 6906 Subdivision Name: Ocean Beach Florida Area: 2420 Parcel Number: 0242030030960 Zoning: RPS-3 Directions: Washington Avenue between 3rd and 4th street

General Property Information

Lot Size Dimensions: 13000 Lot Depth: 0 Lot Frontage: 0 LP/Assessed Value: 3.72 LP/SqFt: 1247.76 Property Sub Type: Unimproved Land Lot Size Acres: 0.26 Lot Size Square Feet: 11140

Financial Information

Tax Assessed/SOH Value: 3736163 Assessor Market Value: 3736163 Tax Year: 2015 Tax Annual Amount: 74022 Tax Legal Description: 3 54 42OCEAN BEACH FLA SUB PB 2-38LOT 14 BLK 7LOT SIZE 50.000 X 130FAU 02 4203 320 0001FKA ST AUGUSTINE HOTEL CONDO

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Other SP/Acre: 35197497.07 Major Change Timestamp: 2017-04-26T14:34:16Z Major Change Type: Status Change Price Change Timestamp: 2016-08-18T20:25:26Z Status Change Date: 2017-05-02 Under Contract Date: 2016-10-25 Close Date: 2017-04-26 Close Price: 9000000

Comprehensive Plan Use

Urban Commerce: 1

Current Use

Commercial: 1 Hotel/Motel: 1 Unimproved: 1

Environmental Audit

None: 1

Location of Property

City Location: 1

Possession

Negotiable: 1

Special Information

City Jurisdiction: 1

Utilities

Electricity Available: 1 Sewer Available: 1 Other: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Other: 1

Road Responsibility

Public Maintained Road: 1

Water Source

Public: 1

Income and Expenses

Inc/Exp Statement Period: 0

Showing Requirements

Call Listing Agent: 1

Contingencies

None: 1

Buyer Details

Intended Use: Unknown/Withheld

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 0960

Originating Details

Originating System Key: 213982573 Originating System ID: M00000151

Property Features

Comprehensive Plan Use: Urban Commerce Current Use: Commercial; Hotel/Motel; Unimproved Environmental Audit: None Location of Property: City Location Possession: Negotiable Special Information: City Jurisdiction Utilities: Electricity Available; Sewer Available; Other Listing Terms: Cash; Conventional Lot Features: Other Road Responsibility: Public Maintained Road Water Source: Public Showing Requirements: Call Listing Agent Contingencies: None

Listing Office: One Sotheby's International Realty

Last Updated: June - 06 - 2026

347 Washington Avenue, Miami Beach, FL 33139- MLS# A10027825

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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