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Investment Opportunity

Miami Investmens

321 Collins Ave Miami Beach FL 33139 MLS #A11792314

321 Collins Ave
Miami Beach, FL, 33139
$8,350,000
Beds
0 Bathrooms
0 SqFt
0 Acres
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$8,350,000
321 Collins Ave
Miami Beach, FL, 33139
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Project Description

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
Type:
Commercial
Subtype:
Hotel/Motel
Listed Date:
Apr 28, 2025
Total Sq Ft:
8,766
Year Built:
1937
Hotel/motel

Schools

Interior

Exterior

Financial

Taxes
$83,246

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Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
321 Collins Ave
Miami Beach, FL