- $16,000,000
- $16,000,000
Overview
- CommercialSale
- 15297.0 Sqft
- 1935
Description
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 1930’s 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
Address
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Address: 1435 Collins Ave
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City: Miami Beach
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State/county: FL
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Zip/Postal Code: 33139
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Country: United States
Details
Updated on November 19, 2022 at 7:40 pm-
Property ID 28106
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Price $16,000,000
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Property Size 15297.0 Sqft
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Land Area 9095.0 Sqft
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Year Built 1935
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Property Type CommercialSale
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Property Status For Sale
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MLS# A11231899
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Office Name ONE SOTHEBY'S INTERNATIONAL REALTY
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Agent Name Susan Gale
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MLS Status Active
Additional details
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Roof Concrete
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Tax Annual 73354
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Flooring Tile
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County Miami-Dade County
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Property SubType HotelMotel
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