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Active - Hotel/Motel for sale

524 Ocean Dr, Miami Beach FL 33139

Facts & features

Hotel/Motel Property type
178 days on Beycome
1993 Year built

Why you’ll love it

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.

Translating description...

Listings courtesy of One Sotheby's International Realty.

Listed by: Susan Gale • 305-695-4253 • One Sotheby's International Realty

Co-listed by: One Sotheby's International Realty

Source: Miami MLS, MLS#: A12113598 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

Come see by yourself

Affordability

$16,250,000$33,750,000
1%20%
0%90%
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Estimated monthly payment

$136,449/mo

  • Mortgage$126,414
  • Property tax$10,035
  • HOA fee
  • Homeowners insurance
Due at closing$19,875,000
Down payment held in escrow$5,000,000
Closing costs$375,000
beycome credit Est.$500,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$25,000,000 Listed price

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