Normandy Plaza Hotel | 6979 Collins Ave
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Normandy Plaza Hotel 6979 Collins Ave
65 Room Hotel Miami, FL 33141 £23,783,058 (£365,893/Room)
Executive Summary
The only Hotel on the ocean available in Miami Beach. Possibility to build another 14,000sqft or to annex it with the adjacent property to build a Luxury Condo Project with an FAR of 3.0. Develop today, or stabilize and hold long term. Total unit count with next door would be about 150. This is probably the last opportunity to own an Oceanfront Property in Miami Beach that makes sense as an income producing and/or development opportunity. Pictures on the way.
Property Facts
| Price | £23,783,058 | Building Size | 21,377 SF |
| Price Per Room | £365,893 | No. Rooms | 65 |
| Sale Type | Investment | Number of Floors | 4 |
| Property Type | Hospitality | Year Built | 1936 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.32 AC |
| Price | £23,783,058 |
| Price Per Room | £365,893 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 21,377 SF |
| No. Rooms | 65 |
| Number of Floors | 4 |
| Year Built | 1936 |
| Tenancy | Single |
| Corridor | Interior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 65 | £54.09 | - |
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Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 02-3211-002-0710 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £4,873,267 |
PROPERTY TAXES
Parcel Number
02-3211-002-0710
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£4,873,267
zoning
| Zoning Code | 4100 |
| 4100 |
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Normandy Plaza Hotel | 6979 Collins Ave
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