05/01/2026
JUST LISTED BY DIRECTOR OF COMMERCIAL DIVISION: Byron Avenue Suites | 7320 Byron Avenue, Miami Beach
An exceptional opportunity to acquire a fully licensed, turnkey boutique hotel in the rapidly evolving North Beach district. Byron Avenue Suites features 16 fully furnished units including 2 two-bedroom residences, 9 one-bedrooms, and 5 studios, each equipped for both short-term and extended stays.
The property benefits from a rare grandfathered hotel license, a significant barrier to entry in Miami Beach, along with a proven operating history generating approximately $700,000 in gross income and $390,000 net. Consistently ranked among the top-reviewed hotels in Miami Beach, with outstanding ratings across Booking.com, Google, and Airbnb, this asset delivers both stability and strong upside potential.
Strategically located just 1,500 feet from the ocean, the property offers immediate income with clear opportunities to enhance revenue through direct bookings and additional amenities.
Offered at $4,900,000
Presented by Luca Migliore
Director of Commercial Division
Gary Hennes Realtors
📞 646.626.3383
✉️ [email protected]
GaryHennesRealtors