FL > Miami Beach
Miami Beach, FL 33139,321 Collins Ave
Miami Beach, FL 33139,321 Collins Ave
Miami Beach, FL 33139,321 Collins Ave
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Monica Cataluña-Shand, CCIM

Monica Cataluña-Shand, CCIM

+1(954) 812-1831
$8,350,000
Est. payment /mo
8,766 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 8,766 sqft

Price per Sqft $952

MLS Listing ID A11792314

HOA Y/N No

Year Built 1937

Annual Tax Amount $83,246

Lot Size 6,500 Sqft

Property Sub-Type Hotel/Motel

Property 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.

Location

State FL

County Miami-dade

Area 30

Exterior

Private Pool Yes

Building

Story 2

Level or Stories Two

Others

Tax ID 02-42-03-003-0530

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11792314

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Listed by APEX Capital Realty LLC
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"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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321 Collins Ave