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Miami Beach Boutique Hotel 2814 Collins Ave 48 Unit Apartment Building $30,386,399 CAD ($633,050 CAD/Unit) Miami Beach, FL 33140
Executive Summary
PRIME MIXED USE HOTEL/RETAIL BUILIDNG in one of the most prominent and visible corners next to the Faena District in Miami Beach, directly across the street from the Edition Resort and just steps to the beach. This exciting opportunity allows you to reposition and redevelop one of the last remaining development sites along this beachfront corridor. All structural and exterior work has been completed, allowing you to step into the final phase of the project permitting you the opportunity to design your own unique concept. Develop the project with the approved plans and permits to create a distinctive 48 unit, all suite resort with over 7,500 sq feet of retail or take advantage of the prime zoning allowing you to develop up to a 70 room hotel.
Property Facts
| Price | $30,386,399 CAD | Building Class | B |
| Price Per Unit | $633,050 CAD | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 28,606 SF |
| No. Units | 48 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1924/2027 |
| Apartment Style | Low-Rise | Parking Ratio | 0.35/1,000 SF |
| Zoning | RM-2 - Medium-density multifamily residential development, including apartments and condominiums. | ||
| Price | $30,386,399 CAD |
| Price Per Unit | $633,050 CAD |
| Sale Type | Investment |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.32 AC |
| Building Size | 28,606 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built/Renovated | 1924/2027 |
| Parking Ratio | 0.35/1,000 SF |
| Zoning | RM-2 - Medium-density multifamily residential development, including apartments and condominiums. |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- On-Site Retail
- Smoke Free
- Walk-Up
- Smoke Detector
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02-3226-001-0940 | Improvements Assessment | $2,700,235 CAD |
| Land Assessment | $3,856,507 CAD | Total Assessment | $6,556,742 CAD |
Property Taxes
Parcel Number
02-3226-001-0940
Land Assessment
$3,856,507 CAD
Improvements Assessment
$2,700,235 CAD
Total Assessment
$6,556,742 CAD
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Miami Beach Boutique Hotel | 2814 Collins Ave
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