Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

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.

Features
: Tile
: Concrete
Address Details
FL
Miami-Dade County
Miami Beach
33139
1435 Collins Ave
0
Other
: Concrete Block Construction
937
: Building & Land
: All Cash, Conventional/refinance
1
: Sale
3
: Hotel
$73,354
2020
6501

Commercial Sale For Sale

1435 Collins Ave, Miami Beach, Florida 33139

15,297 Sqft
$16,000,000
Listing ID #A10755394
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A10755394
Price : $16,000,000
Square Footage : 15,297 Sqft
Year Built : 1935
Lot Area : 9,095 Sqft
Building Area : 15,297 Sqft
Status : Active
Property SubType : Hotel/motel
Contact Agent