A fully renovated, two-story hostel with 26 rooms and just a block from the ocean – that’s a rare find in such a prime location. The completed 40-year recertification is a significant plus, and the feasibility study for a third floor and the potential for a liquor license in the lobby really open up possibilities for increased revenue. Being surrounded by ultra-luxury condos and steps from those iconic restaurants definitely underscores the value of this location. This seems like a unique opportunity to tap into the South Beach hospitality market with significant growth potential.
Property Details
Price:
$8,350,000
MLS #:
A11792314
Status:
Active
Beds:
0
Baths:
0
Address:
321 Collins Ave
Type:
Commercial
Subtype:
Hotel/Motel
City:
Miami Beach
Listed Date:
Apr 28, 2025
State:
FL
Finished Sq Ft:
8,766
Total Sq Ft:
8,766
ZIP:
33139
Year Built:
1937
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Exterior
Financial
Taxes
$83,246
Map
Community
- Address321 Collins Ave Miami Beach FL
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
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321 Collins Ave
Miami Beach, FL
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