6979 Collins Ave Active

Miami Beach,FL 33141

$ 30000000

- Bed

0 Bath

22000 SqFt


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

Construction Status New Construction

HOA Y/N No

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

Construction Status New Construction

Others

Tax ID 02-32-11-002-0710

Ownership Corporation

Acceptable Financing Cash

Listing Terms Cash

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