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Buy&Hold (Hospitality): (449 Rooms) Thesis Hotel Miami, Coral Gables, FL 33146 + $315,000,000

















✨ OFF-MARKET LUXURY HOTEL OPPORTUNITY ✨


🏨 Property: Thesis Hotel Miami

📍 Location: Coral Gables, FL 33146

🌟 Property Type: 4-Star Luxury Hotel

💼 Management: Owner-Managed, Non-Union

💲 Asking Price: $315,000,000 USD (negotiable)

🔗 Direct to Broker

💼 Marketing Fee: 2% due to TEAM PROMISELAND


🏝️ Property Highlights:

  • 🛏️ Total Units: 449

  • 🛒 Additional Features:

    • 🏬 Miscellaneous Retail and Office Space

    • 🌴 Prime Coral Gables location, known for luxury and convenience


  • 💼 Retail Tenants:

    • 💇‍♀️ My Salon Suite

    • 🦷 Dr. Lenard

    • 🎓 Legends (UM)

    • 🍽️ La Crema

    • 💉 Zuri Plastic Surgery

    • 🏢 NRI Office


  • 📑 Lease Type: Primarily NNN (Triple Net), offering steady revenue streams


  • 📝 Current Leases:

    • 💈 My Salon Suite (10-year term, executed)

    • 🩺 Dr. Lenard (10-year term, executed)

    • 🏟️ Legends (UM) (9.75-year term, executed)

    • 🥂 La Crema (12-year term, executed)

    • 💼 Zuri Plastic Surgery (10-year term, executed)

    • 🗃️ NRI Office (10-year term, pending)


📊 Financial Highlights (T12 - April 2022 to March 2023):

  • 📈 Occupancy Rate: 64.3%

  • 💰 Average Daily Rate (ADR): $218.27

  • 🏨 Revenue per Available Room (RevPAR): $140.33

  • 💵 Total Room Revenue: $12,549,052

  • 🍽️ Total Banquet Food Revenue: $1,411,706

  • 🍸 Total Banquet Beverage Revenue: $334,503

  • 💼 Total Other Income Revenue: $236,747

  • 🏢 Total Rentals Revenue: $20,708

  • 🍹 Total Mamey & IRD Department Revenue: $5,839,268

  • 🍽️ Total ORNO Revenue: $3,493,397

  • 💼 Total Department Revenue: $23,885,381

  • 🛏️ Total Room Expenses: $2,973,276


🌐 Additional Information:

  • 🌐 Website: Thesis Hotel Miami

  • 📸 Pictures and financial documents available upon request


📩 Contact:

Please submit all offers directly to ✉️ investments@promiselandrealtyllc.com

💼 Marketing Fee: 2% due to TEAM PROMISELAND


🚨 TEAM PROMISELAND DISCLAIMER:No one is allowed to market this property or its details without express written permission or membership in TEAM PROMISELAND affiliates. Unauthorized use of property details or lists incurs a $500 fine.


Property Map


"Your #1 Source for Off Market Real Estate Properties, Nationwide"



PROMISE LAND REALTY, LLC

Work: 864-762-2509


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.

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