Address
221 Collins Ave, Miami Beach, FL
Price
$ 9,950,000
Property Attributes
  • MLS#A11430048
  • TypeCommercial
  • CountyMIAMI-DADE
  • CityMiami Beach
  • Area42
  • Zip33139
  • StyleHotelMotel
  • Year Built1922
  • Taxes$ 81617
  • Price$ 9,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10144
  • Lot Size6,500 SqFt
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

SOUTH OF FIFTH - RENOVATED SHORT-TERM RENTAL BUILDING SLEEPS 48 GUESTS This historic Art Deco apartment building has been transformed into a luxury short-term rental property featuring 8 furnished, carefully curated two-bedroom/two-bathroom suites in Miami Beach’s sought-after South of Fifth neighborhood, one block from Ocean Drive and the beach. The units offer 875+/- SF of modern living space with impact windows and doors, and stainless steel appliances, each sleeping 6 guests. Other improvements include a new roof, new plumbing and electrical systems, new kitchens and bathrooms. Brand new renovation with all new furniture, fixtures, artwork. Totally turnkey and ready for an investor or operator in a world-class destination. The building has been recertified until 2032.

Price History
8/4/2023 Listed $9,950,000

General Features

Additional Parcels Y/N No
Association Y/N No
Attached Garage No
Building Name Collinaire Luxury Suites
Carport Y/N No
City Miami Beach
Construction Materials Block
Cooling CentralAir
County Miami-Dade County
Days on Market 97
Directions Collins Avenue between 2nd and 3rd Streets
Garage Y/N No
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Legal Description OCEAN BEACH FLA SUB PB 2-38 LOT 11 BLK 3 LOT SIZE 6500 SQ FT FAU 02 4203 299 0001 FKA ROYAL CONDO
Levels Two
Listing Terms Cash
Lot Size Square Feet 6500.0
MLS Area 42
Mobilehomeremainsyn No
New Construction No
Occupancy Description CallAgent
Private Pool No
Property Attached Y/N No
Property SubType HotelMotel
Property Type CommercialSale
Rent Control Y/N No
Senior Community Y/N No
Sewer PublicSewer
Standard Status Active
Status Active
Stories 2
Street Name Collins Ave
Structure Type Apartment
Tax Annual Amount 81617.0
Tax Year 2023
Total Units 8
View Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11430048
Waterfront Y/N No
Year Built 1922
Zoning Description 3003

Interior Features

Air Conditioning Y/N Yes
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Y/N No
Flooring CeramicTile
Heating Y/N No
Window Features ImpactGlass

Exterior Features

Showinginstructions 24 Hour Notice, Appointment Only, See Broker Remarks
Building Area Total 10144.0
Covered Spaces 0.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Area 6500.0
Lot Size Units SquareFeet
Number of Buildings 1
Open Parking Y/N No
Spa No
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33139

Price
AVG $5.37M
$9.95M
Taxes
AVG $36,341
$81,617
Visits
AVG 102
70
Data Provided by Inside Real Estate®
Year Built
AVG 1959
1922
Walkscore
AVG 95
88
Data Provided by Walkscore® not using MLS data

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