Home / Investment Opportunities / For Sale: Iconic Miami Hotel, Conrad Miami
August 19, 2015 / Johanna Bassols / 0 Comments / Investment Opportunities

For Sale: Iconic Miami Hotel, Conrad Miami

The Conrad Miami is one of the most architecturally impressive structures in all of Miami, and you have an opportunity to own it. The 203-room hotel is located in the rapidly-growing and increasingly vibrant Brickell Financial District, within the iconic Espirito Santo Plaza. The unique mixed-use glass tower, designed by Kohn Pederson Fox Associates in 2004, has a prime location, surrounded by a number of “hotel essentials.” The Conrad Miami is situated near the area’s most popular attractions, including Bayside, American Airlines Arena, Miami Tower, Port of Miami and Mary Brickell Village.  15 million square feet of office space encircles the tower, a feature thought of as being critical in the local hotel industry. Additionally, the hotel is situated with great accessibility to Interstate 95 and is less than a block from the Financial District Metromover station. With Miami’s largest mixed-use developments, Brickell City Centre and Miami Worldcenter, going up nearby, there’s guaranteed to be a lot of traffic in the area, ensuring success in one of the strongest lodging markets in the country.

Property Details

Location: 1395 Brickell Avenue, Miami, FL 33131

Rooms: 203 luxury rooms, 7 suites included 46 additional private residences participating in hotel rental program

Brand & Management: Conrad Hotels & Resorts

Parcel Size: About 2.3 acres

Building Area: Approximately 225,000 sf

Construction Year: 2004

Stories: 36 total stories, including tower floors 3 and 16-25 and the rooftop floor of parking structure where the tennis courts and pool area are located

Restaurant/Lounge: ATRIO and The Bar at LvL 25, with stunning views from the 25th floor and outdoor Sky Bar area

Meeting/Event Space: Roughly 20,000 sf

Parking: 980 spaces with hotel having usage right for 203 spaces

Other Amenities: Level 25 dining lounge area, Spa ata Conrad Miami, two rooftop tennis courts, fitness center, rooftop pool and whirlpool, electric bicycle rentals, Conrad Concierge APP, in-room dining

Espirito Santo Plaza: While not a part of the sale, the hotel is located within the Plaza, which includes 300,000 square feet of Class A office space, 116 luxury condos, a 12-story parking garage and 7,500 square feet of retail space.

The opportunity to invest in this exclusive Miami real estate property will not be available for long. The seller has requested that all interested parties submit a non-binding letter of intent (LOI) by 5 pm ET on Monday August 24, 2015, so time is limited. For more information, please contact Oceanica Real Estate at (786) 270-1743 or [email protected].

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