2814 Collins Ave
2814, Collins Ave, Miami Beach, FL, 33140Basics
- Category: CommercialSale
- Type: HotelMotel
- Status: Active
- Bathrooms: 0
- Lot size: 14000, 14000 sq ft
- Year built: 1924
- County: Miami-Dade
- MLS ID: A12011345
Description
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Description:
23-26-27 34 53 42 M B IMPROVEMENT CO SUB PB 5-7 LOTS 3-4 & E15FT LOT 5 BLK 10 LOT SIZE IRREGULAR OR 15210-206 0991 4 Faena District Hospitality Asset | 48 Units + 8,000 SF Retail | Reintroduced to Market
2814 Collins Avenue presents a rare opportunity to acquire a partially completed, mixed-use hospitality asset in the heart of Miami Beach’s Faena District.? Positioned on a prime Collins Avenue corner just steps from the ocean, the property sits directly across from The Miami Beach EDITION and is surrounded by some of the area’s most significant luxury hospitality and residential developments.?
The asset is configured for 48 hotel units along with three ground-floor retail spaces totaling over 8,000 square feet, offering a compelling combination of hospitality and income-producing frontage.? Substantial progress has already been made, the property has undergone substantial structural and exterior improvements, allowing a new owner to step directly into the final phase of design and completion.?
Ownership is reintroducing the asset to the market with repositioned pricing and a direct alignment with today’s market conditions.? This creates a compelling opportunity for investors and operators to acquire a well-located Miami Beach asset at a basis that is increasingly difficult to replicate.?
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Building Details
- Structure Type: HotelMotel,Retail
- Covered Spaces: 0
Miscellaneous
- List Office Name: One Sotheby's International Realty
- Listing Terms: Cash,Conventional,Cryptocurrency,OwnerMayCarry
Ask our real estate expert about this property
This HotelMotel-type commercial real estate is located in 2814, Collins Ave, Miami Beach, FL, 33140 was built in 1924, and is listed at $19,500,000.