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This Hospitality Property is no longer advertised on LoopNet.co.uk.

1506 Collins Ave
Miami Beach, FL 33139

South Beach Hostel/ Hotel · Hospitality Property For Sale · 21,832 SF

Investment Highlights

  • Dream Hotel Opportunity with Restaurant in the Best South Beach Location.
  • Positioned between the shopping and entertainment enclaves of Lincoln Road and Española Way.
  • Conveniently located just across the street from the northernmost point of Ocean Drive.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.20 AC
Construction Status Under Renovation
Building Size 21,832 SF
Number of Floors 4
Year Built/Renovated 1962/2017
Parking Ratio 0.67/1,000 SF
Corridor Interior

Amenities

  • Balcony
  • High Speed Internet Access
  • Boutique/Lifestyle Hotel
  • Public Access Wi-Fi
  • Smoke-Free
  • Digital key

About 1506 Collins Ave , Miami Beach, FL 33139

PRICE REDUCED to $8,500,000 WITH SELLER FINANCING NOW AVAILABLE for qualified buyer! This 30-room property features highly coveted covered parking, street-level restaurant space with outdoor seating, ADA compliant rooms, an elevator, new rooftop solar panels, a smartly updated lobby, spacious rooms alongside communal living, kitchen, and bath facilities. Though not currently operating, the Eva had recently been updated and is in exceptional condition affording a new owner minimal delays in delivering their concept to the market. The Property offers everything investors need for providing a fun, engaging environment for guests while delivering maximum value at the heart of South Beach.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-3234-019-1040
Land Assessment
£3,554,056
Improvements Assessment
£12,413
Total Assessment
£3,566,469

zoning

Zoning Code 6501
6501
  • Listing ID: 16904286

  • Date on Market: 13/08/2019

  • Last Updated:

  • Address: 1506 Collins Ave, Miami Beach, FL 33139

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