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Ocean Reef Suites 1130 Collins Ave 36 Room Hotel Miami Beach, FL 33139 $16,000,000 ($444,444/Room)

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EXECUTIVE SUMMARY

Ocean Reef Suites Boutique Hotel offers 36 spacious guest suites with impact windows and kitchenettes. With 100 feet on Collins Avenue (A1A), the two-story building also has two retail tenants including a restaurant in a prime location one block from Ocean Drive and the beach, and steps from shops, restaurants, and exciting nightlife. The hotel is independently owned and operated and can be purchased with the 42-room Lorraine Hotel located at 2601 Collins Avenue for a total of 78 keys.

PROPERTY FACTS

Price $16,000,000
Price Per Room $444,444
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.32 AC
Building Size 19,500 SF
No. Rooms 36
No. Stories 2
Year Built/Renovated 1949/2012
Corridor Interior
Zoning MXE - MXE - Mixed Use Entertainment FAR -2.0 Maximum Height - 50 Feet

AMENITIES

  • Business Center
  • Restaurant
  • On-Site Retail

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 36 $164.00 -
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-3234-008-1110
Land Assessment
$5,250,000
Improvements Assessment
$1,530,000
Total Assessment
$6,780,000
  • Listing ID: 38418851

  • Date on Market: 11/12/2025

  • Last Updated:

  • Address: 1130 Collins Ave, Miami Beach, FL 33139

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