Namazi real estate sadigo v20

Namazi Real Estate & Marketing | [email protected] | 305-965-3404

SADIGO COURT HISTORIC APARTMENT HOTEL334 20TH STREET | MIAMI BEACH, FL 33139 | IN THE MUSEUM HISTORIC DISTRICT OF MIAMI BEACH

MIAMI BEACH

FOR SALE

The elegant Sadigo Court Apartment Hotel is a “contributing historic structure” and one of the remaining few “Apartment Hotels” still in existence. It is known as the crown jewel of garden-style transient establishments and once even the Chairman himself, Frank Sinatra, used to hole himself in room 200. Legend has it, as well documented by guests’ stories, Frankie used to sing to guests at night from the balcony of that famous room. The building itself is a U-shaped structure with a 5,000 sq. ft. courtyard, not facing the street, so as to afford the most discreet privacy for its guests. The Sadigo Court offers its rooms for transient rentals either directly through our website, www.sadigocourt.com, or through third party vendors (available upon request). The Sadigo’s reputation is known through out the world as an oasis from the hustle and bustle of Collins Ave., being nestled in the quiet residential section of Miami Beach.

E S TA B L I S H M E N T F O R S A L E


FOR SALE

SADIGO COURT HISTORICAL APARTMENT HOTEL 334 20TH STREET | MIAMI BEACH, FL 33139 | IN THE MUSEUM HISTORIC DISTRICT OF MIAMI BEACH

F I R S T F L O O R


FOR SALE


S E C O N D & T H I R D F L O O R

FOR SALE



The Sadigo Court is located at 334 20th St, Miami Beach 33139, in the Museum Historic District of Miami Beach, named after the famous Bass Museum located one block north. Conveniently located one block east from Miami Beach Convention Center, now undergoing a $500 mil. renovation, and two blocks west of boardwalk/beach, the Sadigo’s location is second to none. Within a few block radius in this cultural epicenter are such institutions as the Frank Gehry designed New World Symphony Concert Hall,The Miami City Ballet, Fillmore Concert Hall at the Jackie Gleason Theater and much more. Also in this radius are some of the best restaurants and night clubs in exciting South Beach. The hotel has 25 large one –bedroom suites, averaging 800-1,100 sq. ft., 4 Jr. Suites, averaging 300 sq. ft., and one kitchen food prep area. The establishment also comes with a 24-seat exterior dining area.

(We are currently running it as a “dining room” solely for guests of establishment. Buyer can easily obtain hotel license and operate food operation as a “restaurant” and cater to people on outside)

L O C AT I O N A N D U N I T S

FOR SALE


E S TA B L I S H M E N T F O R S A L E


A. State of Florida Transient Apartment License (TAP)B. City of Miami Beach (#900) Apartment License

C. Miami-Dade County Apartment licenseD. State of Florida Food License for Public Lodging Establishments (for dining room)

Sadigo Court Apartment Hotel is a “Contributing Historic Structure”, according to City records and has a coveted “historic county exemption” for property valuation purposes.

L I C E N S E S :

P R I C E AVA I L A B L E U P O N R E Q U E S T

FOR SALE



PA R T I C U L A R S

S Q . F T 2 4 , 2 0 0

U N I T S 3 0

2 5 O N E B E D R O O M F U R N I S H E D S U I T E S

5 J R . F U R N I S H E D S U I T E S (one used as a kitchen for café/dining hall)

L A N D A R E A S Q . F T. 1 8 , 7 5 0

Z O N I N G D I S T R I C T R M - 2

FOR SALE



FOR SALE



FOR SALE


HOTEL ESTABLISHMENTS

1 . N O B U

2 . S H O R E C L U B

3 . S E TA I

4 . TOW N H O U S E

5 . W H OT E L

6 . P E R R Y- G A N S E R VO R T

P L AC E S O F I N T E R E ST

7. C O N V E N T I O N C E N T E R

8 . B A S S M U S E U M

9 . M I A M I B E AC H B A L L E T

1 0 . M I A M I B E AC H L I B R A R Y

1 1 . M I A M I B E AC H B OTA N I C A L G A R D E N S

S U R R O U N D I N G H OT E L E STA B L I S H M E N TS A N D OT H E R P O I N TS O F I N T E R E STS


10

11

98

H 5

6

7

43

2

1

SADIGO COURT HISTORIC APARTMENT HOTEL334 20TH STREET | MIAMI BEACH, FL 33139 | IN THE MUSEUM HISTORIC DISTRICT OF MIAMI BEACH

MIAMI BEACH

FOR SALE

Name of Hotel Address Sale Price Price/sq.ft. Date Sold Adj. Sq. Ft. Lot Size (sq. ft.)

1) Clifton Hotel 1343 Collins Ave. $8.8 Million $942 January 2014 9,360 7,000

2) Hotel 18 1775 James Ave. $12.9 Million $829 March 2014 15,557 15,000

3) Princess-Ann Hotel 920 Collins Ave. $10.0 Million $705 July 2014 14,169 7,000

4) Santa Barbara Hotel* 230 20th St. $7.0 Million $655 January 2014 10,685 10,625

5) South Beach Hotel 236 21 St. $11.9 Million $607 December 2012 19,575 18,750

6) Casa Casasurina 1116 Ocean Dr. $41.5 Million $1,778 April 2013 23,462 19,500

L O C A L S A L E C O M PA R A B L E S


F O R A D D I T I O N A L I N F O R M AT I O N & O F F E R S

P L E A S E C O N TA C T

R E Z A N A M A Z I

R E Z A B R O K E R @ G M A I L . C O M

3 0 5 - 9 6 5 - 3 4 0 4

FOR SALE



Date post:	25-Jul-2015
Category:	Real Estate
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