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 M

205 COLLINS AVE, Miami Beach

$18,900,000 USD
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Address205 COLLINS AVE, Miami Beach
Type of PropertyHotel / Motel
Type of BusinessHotel / Motel
Business LocationBeach Access,City Location,Corner Lot
Price$18,900,000
Property StatusActive
MLS NumberA11829788
Property Size6500
Lot Size6500
Year Built1923
Folio Number02-42-03-003-0370
Zoning Information3003
Days on Market75

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
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address205 COLLINS AVE
Business LocationBeach Access,City Location,Corner Lot
Section3
Zip Code (4 Digits)7108
Financial Information
Price$18,900,000
Price per Foot$0
Folio Number02-42-03-003-0370
Tax Amount$71,399
Possession InformationFunding
Full Descriptions
Detailed DescriptionLocated 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 DescriptionResale
Waterfront DescriptionOcean Access
Roof DescriptionConcrete
Floor DescriptionTile
Cooling DescriptionCentral Building A / C, Central Individual A / C
Heating DescriptionCentral Electric, Central Building A / C
Water DescriptionPublic
Sewer DescriptionPublic Sanitation
Parking DescriptionValet
Property parameters
Living Area6500
Lot Size6500
Total Acreage0.000
Zoning Information3003
Maximum Leasable Size6500
Year Built1923
Type of PropertyHotel / Motel
Type of BusinessHotel / Motel
Construction TypeConcrete Block Construction
Stories Number3
Listed withOne Sotheby’s International Re