USD 24,000,000

Miami Beach, Florida 33139

For Sale

Property Description

250 Collins is 27 fully renovated residences located at 250 Collins Avenue in the heart of South Beach. The
property is currently operating as a Short-Term Rental facility with a short-term rental license in place under a management agreement with Sextant Brand. The management agreement has the option to be terminated upon a potential sale of the property.

The property allows for multiple investment strategies including hotel, apts, STR rentals, condo-conversion and condo-hotel. The property recently completed a multi-year renovation which offers ultra high-end finishes including custom kitchens with quartz counters, high-end white lacquered cabinets and Miele appliance packages. Added into the redesign are a 3rd floor glass penthouse level and a 4th floor roof top pool and sun deck.

Listed by Cushman & Wakefield of Florida

Property Details

ID #
A11215438
Status
Sale
Type
Commercial, Industrial, Hotel
Zip Code
33139
Year Built
1959
Occupancy
Call Listing Agent
Type of Building
Hotel/Motel
Utilities
Internet
Zoning Information
3003

Neighbourhood Map

Map is not available for this listing
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 0.25%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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