A hotel in the heart of South Beach

$16,000,000
For sale

7638

Property ID

15,297 SqFt

Size

Description

Just steps from Ocean Drive and in the heart of South Beach, this classic 40-room hotel reopened in 2018 after careful restoration and beautifully renovated to recapture the grandeur of the 1930’s Art Deco era while offering modern luxury finishes.

Renovations include new plumbing and electrical system, elevator, HVAC, fire sprinkler system, security cameras, and impact windows and doors throughout.

The property offers a spacious outdoor seating area and ground floor retail space, currently leased on a month-to-month basis.

Mixed-use entertainment (MXE) zoning allows for hotel, retail, and more in a world-class destination.

The property is offered fee simple and unencumbered by brand and management, affording a new owner maximum flexibility.

The building has been recertified until 2025.

HIGHLIGHTS

  • Number Of Buildings: 1
  • Flooring: Tile
  • Construction Materials: Concrete Block Construction
  • Buyer Agency Compensation: 1%
  • Showing Instructions: Call Listing Agent

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Address

Address: 1435 Collins Ave, Miami Beach, FL
  • Country: United States
  • Province / State: Florida
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  • Property ID 7638
  • Price $16,000,000
  • Property Type Hotel
  • Property status For sale
  • Year Built 1935
  • Size 15,297 SqFt
  • Keys 1
  • Floors 3

Contact

Cynthia Hill

Property Agent
+1 305-967-7200
chsellsflorida@gmail.com
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