Commercial Real Estate Property For Sale In Miami Beach

1435 Collins Ave Miami Beach, FL 33139
 Directions

$16,000,000

  • 15,297 Square
    Footage
  • $1,046 Price per
    Square Foot
  • 1935 Year Built
  • Oct 14, 2019 Listing Date

MLS #

:

A10755394

Price

:

$16,000,000

Status

:

Active

Listing Date

:

Oct 14, 2019

Square Footage

:

15,297  Square Feet  (1,421.4 Square Meters)

County

:

Miami-Dade

Square Footage

:

15,297  Square Feet  (1,421.4 Square Meters)

Year Built

:

1935

Taxes

:

$73,354 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

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 1930s 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.

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