1435 Collins Ave, Miami Beach MapGet Directions

$17,000,000

Added 65 days ago

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 2027.

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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 2027.

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Property Details

Days on Market
62
Living Area
15,297
Lot Size
9,095
Property Class
Commercial/Industrial
Property Type
Commercial Sale
Status
Active
Style
Hotel
Type of Property
Hotel/Motel
Year Built
1935

Additional Info

  • Business Type: Hotel/Motel
  • Construction Info: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Design: Hotel/Motel
  • Roof Description: Concrete

Fees

  • Tax Amount: 72704

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Miami Beach Real Estate For Sale - Miami Beach Homes For Sale Center of the action. Art Deco. Beach and bayfront Choice real estate & condos for miles. The city of Miami Beach has its own government, services, distinct geography and vibe as many locals will argue. Primarily a swath of barrier island bordered by the azure blue Atlantic Ocean, dolphin-filled Biscayne Bay, Government Cut and the town of Surfside...

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South Beach Condos For Sale - South Beach Homes For Sale Art Deco district. Landmark lifeguard stands. Lively atmosphere. Affectionately known as SoBe, South Beach was the first section of Miami to be developed as far back as the 1910s. A thriving center for beautiful beaches, nightlife, shopping, and dining, South Beach's real estate runs north from 5th street to 22nd street. A major destination for tourists from...

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Listing Courtesy of ONE Sotheby's International Realty.