For Sale
$27,000,000

6080 Collins AveMiami Beach, FL 33140

70-Key Hotel, Prime Oceanfront Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents 34 hotel units for sale within a 70-key hotel management program, situated on Collins Avenue in Miami Beach, Florida. The 2019-built, six-story property boasts a prime oceanfront location and includes 61 parking spaces and storage units. Adding to the diverse revenue streams, the property features an on-site Starbucks and office space. The turnkey condition of this new construction minimizes upfront capital expenditures. The property benefits from Miami Beach's high Average Daily Rate (ADR), promising strong revenue growth. This offering includes the underlying land, providing significant long-term development potential. The opportunity also exists to acquire the remaining 36 individually-owned hotel units and an additional 9 parking spaces, further enhancing the investment's value. This comprehensive package offers a unique chance to acquire a well-positioned asset in a thriving market. A Non-Disclosure Agreement and Letter of Intent are required for additional information.

Highlights

  • $27,000,000 asking price for a 70-key hotel in Miami Beach, FL.
  • 34 hotel units for sale, including a 70-key management program.
  • 61 parking spaces and storage units.
  • On-site Starbucks and office space.
  • Prime Miami Beach location.
  • 2019 construction, turnkey condition.

Property Details for 6080 Collins Ave

Property type
Hospitality properties, Hotels
Year Built
2019
Buildings
1
Stories
6

Location Insight

City
Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.843835374272
Longitude
-80.120695745724
6080 Collins Ave, Miami Beach, Florida

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6080 Collins Ave
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