1435 Collins Ave, Miami Beach FL 33139 1435 Collins Ave, Miami Beach FL 33139 1435 Collins Ave, Miami Beach FL 33139 1435 Collins Ave, Miami Beach FL 33139 1435 Collins Ave, Miami Beach FL 33139 1435 Collins Ave, Miami Beach FL 33139 1435 Collins Ave, Miami Beach FL 33139 1435 Collins Ave, Miami Beach FL 33139 1435 Collins Ave, Miami Beach FL 33139 1435 Collins Ave, Miami Beach FL 33139
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$14,900,000
642 days
For Sale • 0 BEDS • 0 BATHS • 15,297 SQFT
Price cut: -$2M / -12.35% (2020/07/17)

Overview

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.

Facts and features

Type:
Commercial Sale
Year Built:
1935
Heating:
No Data
Cooling:
No Data
Parking:
No Data
Lot:
No Data
Price/sqft:
$974

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