Miami Beach boutique hotel 2814 Collins Ave 44 Room Hotel Miami Beach, FL 33140 For Sale
EXECUTIVE SUMMARY
PRIME MIXED USE HOTEL/RETAIL BUILIDNG in one of the most prominent and visible corners next to the Faena District in Miami Beach, directly across the street from the Edition Resort and just steps to the beach. This exciting opportunity allows you to reposition and redevelop one of the last remaining development sites along this beachfront corridor. All structural and exterior work has been completed, allowing you to step into the final phase of the project permitting you the opportunity to design your own unique concept. Develop the project with the approved plans and permits to create a distinctive 44 unit, all suite resort with over 7,500 sq feet of retail or take advantage of the prime zoning allowing you to develop up to a 70 room hotel.
PROPERTY FACTS
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.32 AC |
| Construction Status | Under Construction |
| Building Size | 28,606 SF |
| No. Rooms | 44 |
| Number of Floors | 4 |
| Year Built | 1924 |
| Corridor | Interior |
| Zoning | RM-2 - RM-2 Residential Multifamily Medium Intensity. |
AMENITIES
- Balcony
- Restaurant
- On-Site Retail
- High Speed Internet Access
- Boutique/Lifestyle Hotel
- Public Access Wi-Fi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 44 | £212.46 | - |
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 02-3226-001-0940 | Improvements Assessment | £1,341,583 |
| Land Assessment | £2,118,879 | Total Assessment | £3,460,462 |
