Properties for sale - 205 Collins Ave, Miami Beach, FL 33139

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Monica Cataluña-Shand, CCIM

monica@koresrealty.com +1(954) 812-1831

$18,900,000

Est. payment - /mo

15,457 SqFt

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Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 15,457 sqft

Price per Sqft $1,222

MLS Listing ID A11829788

Construction Status Resale

HOA Y/N No

Year Built 1923

Annual Tax Amount $71,399

Lot Size 6,500 Sqft

Property Sub-Type Hotel/Motel

Property Description

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

State FL

County Miami-dade

Area 42

Interior

Heating Central, Electric

Cooling Central Air

Flooring Tile

Window Features Impact Glass

Exterior

Waterfront Description Ocean Access

Roof Type Concrete

Private Pool Yes

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Block

Construction Status Resale

Others

Tax ID 02-42-03-003-0370

Ownership Limited Partnership

Security Features Fire Sprinkler System,Smoke Detector(s)

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11829788

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Listed by One Sotheby's International Re

"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

205 Collins Ave Miami Beach, FL 33139