6979 Collins Ave Active Save Request In-Person Tour Request Virtual Tour
Miami Beach,FL 33141
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 22,000 sqft
Price per Sqft $1,363
MLS Listing ID A11638565
Year Built 1936
Annual Tax Amount $99,911
Lot Size 0.325 Acres
Property Description
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.
Location
State FL
County Miami-dade
Area 32
Building
Story 5
Structure Type Block
Others
Acceptable Financing Cash
Listing Terms Cash