Hotel For Sale
321 Collins Ave, Miami Beach, FL 33139

$8,350,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11792314
  • Virtual Tour: YES
  • List Price: $8,350,000
  • Taxes:$83,246
  • Year Built:1937
  • Listing Date:April 28, 2025
  • Days On Market:75

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.

Features


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Location


Request Information
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker