1334 Washington Ave, Miami Beach, FL 33139
Executive
SUMMARY
Berkadia Hotels & Hospitality presents the opportunity to acquire the fee simple interest in the 32-key Casa Boutique Hotel (the “Hotel”, “Property”, or “Casa Boutique”) located in the heart of South Beach on Washington Avenue and 13th Street.
Casa Boutique’s central location offers immediate access to the area’s premier leisure demand drivers, including the beach, Ocean Drive, Collins Avenue, Lincoln Road, and Miami Beach’s extensive dining, nightlife, retail, and cultural amenities. Originally constructed in 1925 and comprehensively renovated in 2017 through a capital program exceeding $3.5 million, the Hotel offers a differentiated combination of historic character, updated physical plant, and irreplaceable urban-infill location.
The Property is well positioned to capitalize on favorable Miami Beach lodging fundamentals, supported by continued ADR growth, resilient year-round leisure demand, and the market’s high barriers to new supply. In addition, the Hotel benefits from proximity to major regional and international demand generators, including Miami International Airport and the Port of Miami, further reinforcing the depth and diversity of its customer base.
Supplementing room revenue, the Property benefits from stable in-place cash flow through its ground-floor lease with Limoncello Italian Restaurant, a well-established dining operator paying $144,240 in annual base rent in 2026. Offered unencumbered by management, Casa Boutique Hotel Miami Beach provides prospective ownership with meaningful operational flexibility and the ability to further optimize performance at a well-located asset in one of the country’s most dynamic and supply-constrained lodging markets.
Please contact Natalie Castillo or Jennifer Jin to learn more.
Property
DETAILS
LOCATION
1334 Washington Ave
Miami Beach FL 33139
PARCEL NUMBER
02-3234-011-0020
ZONING
CD-2
LAND AREA
0.14 AC
GROSS BUILDING AREA
12,648 SF
CORRIDOR
Interior
KEYS
32
CONSTRUCTION
Concrete
TOTAL FLOORS
3
FOOD & BEVERAGE
Limoncello Restaurant
HOTEL TYPE
Independent Boutique
YEAR BUILT / RENOVATION
1925 / 2017

1334 Washington Ave,
Miami Beach, FL 33139
Investment
Highlights
1
PRIME MIAMI BEACH LOCATION
2
HIGH BARRIER TO ENTRY MARKET
3
ESTABLISHED IN-PLACE RETAIL INCOME
4
OFFERED FEE SIMPLE AND UNENCUMBERED OF MANAGEMENT
The
LOCATION
Photo
GALLERY
Contact
US
INVESTMENT SALES
Lead Brokers
Natalie Castillo
Managing Director
561.632.8517
[email protected]
FL License #BK3235948
Jennifer Jin
Vice President – Production
305.266.5921
[email protected]
FL License #SL3375096
Deal Team
Christian Charre
Senior Managing Director
305.205.6722
[email protected]
FL License # BK3010147
Paul Weimer
Senior Managing Director
917.459.5480
[email protected]
FL License #BK3241315
Dylan Jones
Senior Real Estate Analyst
813.675.0464
[email protected]
FL License #SL3552356

1334 Washington Ave, Miami Beach, FL 33139
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
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