Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

524 Ocean Dr, Miami Beach FL 33139

Commercial For Sale
$25,000,000

BTC: 313.28320802

ETH: 10,775.86206897

New
Waterfront
0 room(s)

Overview

OCEAN DRIVE ALL-SUITES HOTEL WITH ROOFTOP SWIMMING POOL Modern 22-suite oceanfront hotel with a restaurant and bar in an iconic beachfront location, which attracts millions of visitors each year. Built in 1993, The Fritz Hotel offers 15 one and two-bedroom suites – all with kitchenettes and some with balconies, as well as 7 studios. The hotel boasts a rooftop swimming pool and sun deck overlooking Lummus Park and endless ocean views. The property is offered fee simple.

Location

Details

Type:
Commercial Sale
Parking:
On Street / Valet
Year Built:
1993
Lot:
6018 Square Feet
Heating:
Central Electric
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $451K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$120,421
2025
Waterfront
Ocean Access, Ocean Front
All facts and features
  • Flooring

    • Marble/Slate Floors

    • Other

    Heating

    • Central Electric

    Cooling

    • Central Building A/C

  • Parking

    • On Street

    • Valet

    Lot

    • Lot: 6018 Square Feet

    Other Property Information

    • Parcel Number: 02-42-03-002-0050

    • Zoning: 6503

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • Annual tax amount: $120,421

  • Source details

    • MLS ID: A12113598

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Beach Access

    • Window Features: Clear Impact Glass

    • Waterfront: Yes

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$26,000,000
House
7 bds · 8 ba · 7,886 sqft
SAN MARCO, Miami
1374 S Venetian Way, Miami FL 33139
New
For Sale
$25,000,000
House
25 bds · 25 ba · 22,686 sqft
FRIEDMAN & COPES SUB, Miami Beach
524 Ocean Dr, Miami Beach FL 33139
New
For Sale
$18,900,000
Condo/Co-op
4 bds · 4 ba · 4,757 sqft
PALAZZO DEL SOL/DELLA LUN, Miami Beach
6800 Fisher Island Dr # 6843, Miami Beach FL 33109
For Sale
$19,900,000
Condo/Co-op
4 bds · 4 ba · 4,738 sqft
PALAZZO DEL SOL/DELLA LUN, Miami Beach
7083 Fisher Island Dr # 7083, Miami Beach FL 33109
For Sale
$28,900,000
Condo/Co-op
6 bds · 7 ba · 6,820 sqft
OCEANSIDE FISHER ISL COND,FISHER ISLAND, Miami Beach
7724 Fisher Island Dr # 7724, Miami Beach FL 33109
For Sale
$20,996,000
House
5 bds · 6 ba
RIVO ALTO AMD, Miami Beach
226 W Rivo Alto Dr, Miami Beach FL 33139
For Sale
$29,000,000
House
6 bds · 6 ba · 6,942 sqft
DI LIDO ISLAND, Miami Beach
503 E Dilido Dr, Miami Beach FL 33139
For Sale
$23,500,000
Condo/Co-op
6 bds · 7 ba · 6,000 sqft
FIVE PARK CONDO, Miami Beach
500 Alton Rd # 4501, Miami Beach FL 33139

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty