Commercial Real Estate Property For Sale In Miami Beach

321 Collins Ave Miami Beach, FL 33139
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$8,350,000

  • 1937 Year Built
  • Apr 28, 2025 Listing Date

MLS #

:

A11792314

Price

:

$8,350,000

Status

:

Listing Date

:

Apr 28, 2025

Square Footage

:

Not Available

County

:

Miami-Dade County

Square Footage

:

Not Available

Year Built

:

1937

Taxes

:

$83,246 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

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.

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