Hotel sold for $20 million in Miami Beach

Published Sep 22, 2025

The hotel at 1255 West Ave. changed hands on Sept. 8, 2025. 1250 West Ave Owner LLC purchased the facility, built in 1935 from 1247 Bayview Dev Corp. The 1,634-square-foot real estate, listed for commercial use, is a single-story building and sits on a 5,689-square-foot lot. The closing price for the site was $20,000,000.