Hotel & Hospitality Property Values in South Florida
Hotels and motels are valued primarily on income (revenue per available room and occupancy), which is why per-square-foot figures run high and vary enormously between beachfront and interstate-corridor assets. Across the tri-county market the median is about $1088/SF, spanning 4,531 parcels and 1,400 sales since 2020. Search any specific property for its own comps.
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| Address | City | Sold | Price | Size (SF) | $/SF |
|---|---|---|---|---|---|
| 6979 Collins Ave | Miami Beach | Jan 2026 | $26.00M | 21,175 | $1,228 |
| 6350 Okeechobee Blvd | West Palm Beach | Jan 2026 | $10.64M | 48,597 | $219 |
| 2485 Metrocentre Blvd E | West Palm Beach | Jan 2026 | $10.50M | 37,933 | $277 |
| 301 Ne 6th Ave | Delray Beach | Feb 2026 | $2.55M | 3,522 | $724 |
| 1032 Michigan Ave | Miami Beach | Feb 2026 | $2.10M | 4,552 | $461 |
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Frequently asked
What are hotel & hospitality properties worth in South Florida?
The median sale price for hotels and hospitality properties across Broward, Miami-Dade, and Palm Beach is about $1088 per building square foot (arms-length sales since 2022). Hotel per-foot pricing is unusually high because value tracks room revenue, not floor area. The exact figure for a given property depends on location, income, and condition.
How many hotel & hospitality properties trade in South Florida?
The database tracks 4,531 such parcels tri-county, with 1,400 arms-length sales recorded since 2020.
Do you value this property type for buyers as well as sellers?
Yes. Justin Crow provides a free broker opinion of value for owners considering a sale and for buyers evaluating an acquisition, with the analysis on the buyer or tenant's side.
What’s your hotel & hospitality property worth?
Search the specific property for instant comps, then get a free broker opinion of value within one business day — buying or selling.