820 Ocean Dr

Investment Highlights

Located along Muscle Beach

Executive Summary

This trophy property offers multiple revenue sources and 50 feet of frontage on iconic Ocean Drive in South Beach. On the main level, this mixed-use property includes an exquisitely designed high-end restaurant (approx. 5000 SF), with an extensive kitchen build-out and plenty of outdoor seating. The second floor is comprised of multiple private dining rooms and offices. The third floor offers 7 brand new, beautifully designed, fully-furnished rental apartments. An additional story or rooftop service area may possibly be added. This mixed-use space is perfect for a restaurant, hotel, retail, and more.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    15,585
• Building Class    B
• Year Built    1930
• Price    45,000,000
• Price Per SF    2,887
• Tenancy    Multiple
• Building Height    3 Stories
• Building FAR    2.39
• Land Acres    0.15 AC

• Restaurant
• Waterfront