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Added 2 months ago

$8,350,000

321 Collins Ave, Miami Beach, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$8,350,000

Added 2 months ago

00-0
  • Key Facts
  • Description
  • Map

Key Facts

Type Hotel/Motel
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $83,246
Days Active 74
Approx. Age 1937
MLS® Number A11792314

Property Address: 321 Collins Ave, Miami Beach, Florida

Average square foot calculated using Size range provided by listing agent.

Description

A fully renovated, two-story hostel with 26 rooms and just a block from the ocean – that's a rare find in such a prime location. The completed 40-year recertification is a significant plus, and the feasibility study for a third floor and the potential for a liquor license in the lobby really open up possibilities for increased revenue. Being surrounded by ultra-luxury condos and steps from those iconic restaurants definitely underscores the value of this location. This seems like a unique opportunity to tap into the South Beach hospitality market with significant growth potential.
MLS® NumberA11792314
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1937
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

321 Collins Ave, Miami Beach, FL

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