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. Renovat

1435 COLLINS AVE, Miami Beach

$14,900,000 USD
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      Address1435 COLLINS AVE, Miami Beach
      Type of PropertyHotel / Motel
      Type of BusinessHotel / Motel
      Property StyleHotel Non-Waterfront
      Price$14,900,000
      Previous Price$17,000,000 (52 days ago)
      Property StatusActive
      MLS NumberA10755394
      Property Size9095
      Lot Size9095
      Year Built1935
      Folio Number02-32-34-012-0040
      Zoning Information6501
      Days on Market611

      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
      StateFlorida
      CityMiami Beach
      CountyMiami-Dade County
      Zip Code33139
      Address1435 COLLINS AVE
      Section34
      Zip Code (4 Digits)4103
      Financial Information
      Price$14,900,000
      Price per Foot$0
      Previous Price$17,000,000
      Folio Number02-32-34-012-0040
      Tax Amount$73,354
      Tax Year2020
      Possession InformationFunding
      Full Descriptions
      Detailed DescriptionJust 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 DescriptionResale
      Roof DescriptionConcrete
      Floor DescriptionTile
      Property parameters
      Living Area9095
      Lot Size9095
      Total Acreage0.000
      Zoning Information6501
      Maximum Leasable Size9095
      Year Built1935
      Type of PropertyHotel / Motel
      Type of BusinessHotel / Motel
      StyleHotel Non-Waterfront
      Construction TypeConcrete Block Construction
      Stories Number3
      Listed withOne Sotheby’s International Realty