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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1924
Sq.Footage
28,606
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.?
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(square feet)
14000.0
-
Property Type
Commercial Sale
-
Property Sub Type
Hotel/Motel
Price
-
Sales Price
$19,500,000
-
Zoning
4000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Susan Gale , One Sotheby's International Realty
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AGENT
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