1435 Collins Ave, Miami Beach, FL 33139
40 Room Hotel | Miami Beach, FL 33139 | $16,000,000 ($400,000/Room)
For Sale
Active
Asking Price $16,000,000
- Property Type
-
Hospitality
- Square Feet
- 15,297 SF
Listing Contacts
Susan Gale
- Property Info
Property Overview
Just steps from Ocean Drive and miles of white sand beach, in the heart of the South Beach Art Deco hotel district, 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. 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 2027.
Property Details
- Class
- B
- Year Built/Renovated
- 1935/2018
- Stories
- 3
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 9,148 SF
- Units
- 40
Highlights
- Renovated 40-room hotel with ground floor retail
- New plumbing, electrical, elevator, and HVAC
- Impact windows and doors throughout
- New fire sprinkler system and security cameras
- Steps from Ocean Drive and miles of white sand beach
- The building has been recertified until 2025
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