Hotel Properties in Miami | Reonomy

Hotel Properties in Miami

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Popular searches around Miami

Reonomy attracts a large community of Miami commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in hotel properties.

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Miami hotel property sold prices and values

Values and sold prices (last 24 months) United States California Miami
Average price/sqft -- -- --
Average sold price $3,915,161 $8,053,640 --
Median sold price $462,740 $872,649 --
Number of sales 14,086 1,545 --
Number of sales over $250k 8,677 902 --
Number of sales over $1m 5,209 743 --
Number of sales over $10m 985 196 --
Average total tax amount $54,195 $79,529 --
Average assessed value $2,329,665 $6,604,507 --
Average market value $3,059,858 $6,604,507 --

Miami hotel property property averages

Property averages United States California Miami
Average lot size 580,020 sf 298,887 sf --
Median lot size 46,397 sf 29,153 sf --
Average building area -- -- --
Median building area -- -- --
Median year built 1984 1964 --
Average number of units 59 49 --
Median number of units 15 20 --

Miami hotel property total supply

Supply United States California Miami
Number of parcels 128,518 12,497 --
Aggregate lot acerage 2,005,704 77,446 --
Aggregate building area -- -- --
Aggregate units 2,492,911 346,916 --

Miami hotel property industrial mortgages

Debt United States California Miami
Number of mortgages 300,192 54,843 --
Average value of mortgages $64,506,842 $56,707,961 --

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