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205 Collins Ave, Miami Beach FL 33139

Commercial For Sale
$16,900,000

BTC: 268.25396825

ETH: 9,679.26689576

-$2M (2025/11/25)
342 days
Waterfront
0 room(s)

Overview

Located in a world-class destination in Miami Beach's South of Fifth Neiborhood. This fully renovated trophy hotel is just steps across from one of the most beautiful beaches in the world, the iconic South Pointe Beach surrounded by the best restaurants in Miami and the Country. All 25 suites are equipped w/full kitchens, catering to longer-staying guests. There is currently a cafe in the lobby that can be expand to a 40-seat cafe/restaurant currently has a full liquor license + commercial kitchen. A phenomenal investment rarely available in SoFi, surrounded by 3 bodies of water. The Hotel is passing the 40-year re-certification fully remodeled. Airb&b approved and making money. The value of this Hotel is the Real Estate 25 apartment hotel units and its location.

Location

Florida • Miami Beach • 33139 • Commercial • For Sale • Waterfront

Details

Type:
Commercial Sale
Parking:
Valet
Year Built:
1923
Lot:
6500 Square Feet
Heating:
Central Electric / Central Building A/C
Price/sqft:
No Data
Cooling:
Central Building A/C / Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,825,000
$1.2M – $13.4M
Confidence Low
List vs. estimate
$14.1M above estimate
List $16,900,000 · +498.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.3M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$71,399
Waterfront
Ocean Access
All facts and features

  • Flooring

    • Tile

    Heating

    • Central Electric

    • Central Building A/C

    Cooling

    • Central Building A/C

    • Central Individual A/C

  • Parking

    • Valet

    Lot

    • Lot: 6500 Square Feet

    Other Property Information

    • Parcel Number: 02-42-03-003-0370

    • Zoning: 3003

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • Annual tax amount: $71,399

  • Source details

    • MLS ID: A11829788

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Beach Access / City Location / Corner Lot

    • Window Features: Clear Impact Glass

    • Waterfront: Yes

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33139
1,084
median $582K
Active
Same city
Miami Beach
2,612
median $650K
Active
Same type
Commercial
154
median $1.8M
Active
Similar price
$11.8M – $22.0M
54
median $15.8M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty