USD 14,900,000

1435 Collins Ave
Miami Beach, Florida 33139

For Sale

Property 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.

Listed by One Sotheby's International Realty

Property Details

ID #
A10755394
Status
Sale
Type
Commercial, Industrial, Hotel
Zip Code
33139
Building Area
15,297ft2
Year Built
1935
Construction
Concrete Block Construction
Floor
Tile Floors
Occupancy
Call Listing Agent
Road Type
Two Lane
Roof
Concrete Roof
Type of Building
Hotel/Motel
Utilities
Internet
Zoning Information
6501

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