1435 COLLINS AVE, Miami Beach
$14,900,000 USD
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Address | 1435 COLLINS AVE, Miami Beach |
Type of Property | Hotel / Motel |
Type of Business | Hotel / Motel |
Property Style | Hotel Non-Waterfront |
Price | $14,900,000 |
Previous Price | $17,000,000 (40 days ago) |
Property Status | Active |
MLS Number | A10755394 |
Property Size | 9095 |
Lot Size | 9095 |
Year Built | 1935 |
Folio Number | 02-32-34-012-0040 |
Zoning Information | 6501 |
Days on Market | 558 |
Detailed 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.
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Address Information
State | Florida |
City | Miami Beach |
County | Miami-Dade County |
Zip Code | 33139 |
Address | 1435 COLLINS AVE |
Section | 34 |
Zip Code (4 Digits) | 4103 |
Financial Information
Price | $14,900,000 |
Price per Foot | $0 |
Previous Price | $17,000,000 |
Folio Number | 02-32-34-012-0040 |
Tax Amount | $73,354 |
Tax Year | 2020 |
Possession Information | Funding |
Full Descriptions
Detailed 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. |
Year Built Description | Resale |
Roof Description | Concrete |
Floor Description | Tile |
Property parameters
Living Area | 9095 |
Lot Size | 9095 |
Total Acreage | 0.000 |
Zoning Information | 6501 |
Maximum Leasable Size | 9095 |
Year Built | 1935 |
Type of Property | Hotel / Motel |
Type of Business | Hotel / Motel |
Style | Hotel Non-Waterfront |
Construction Type | Concrete Block Construction |
Stories Number | 3 |
Listed with | One Sotheby’s International Realty |