205 COLLINS AVE, Miami Beach
$16,900,000 USD
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| Address | 205 COLLINS AVE, Miami Beach |
| Type of Property | Hotel / Motel |
| Type of Business | Hotel / Motel |
| Business Location | Beach Access,City Location,Corner Lot |
| Price | $16,900,000 |
| Previous Price | $18,900,000 (12 days ago) |
| Property Status | Active |
| MLS Number | A11829788 |
| Property Size | 6500 |
| Lot Size | 6500 |
| Year Built | 1923 |
| Folio Number | 02-42-03-003-0370 |
| Zoning Information | 3003 |
| Days on Market | 163 |
Detailed 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 and b approved and making money. The value of this Hotel is the Real Estate 25 apartment hotel units and its location.
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Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33139 |
| Address | 205 COLLINS AVE |
| Business Location | Beach Access,City Location,Corner Lot |
| Section | 3 |
| Zip Code (4 Digits) | 7108 |
Financial Information
| Price | $16,900,000 |
| Price per Foot | $0 |
| Previous Price | $18,900,000 |
| Folio Number | 02-42-03-003-0370 |
| Tax Amount | $71,399 |
| Possession Information | Funding |
Full Descriptions
| Detailed 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 and b approved and making money. The value of this Hotel is the Real Estate 25 apartment hotel units and its location. |
| Year Built Description | Resale |
| Waterfront Description | Ocean Access |
| Roof Description | Concrete |
| Floor Description | Tile |
| Cooling Description | Central Building A / C, Central Individual A / C |
| Heating Description | Central Electric, Central Building A / C |
| Water Description | Public |
| Sewer Description | Public Sanitation |
| Parking Description | Valet |
Property parameters
| Living Area | 6500 |
| Lot Size | 6500 |
| Total Acreage | 0.000 |
| Zoning Information | 3003 |
| Maximum Leasable Size | 6500 |
| Year Built | 1923 |
| Type of Property | Hotel / Motel |
| Type of Business | Hotel / Motel |
| Construction Type | Concrete Block Construction |
| Stories Number | 3 |
| Listed with | One Sotheby’s International Realty |