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- LoopNet Team
1506 Collins Ave
Miami Beach, FL 33139
South Beach Hostel/ Hotel · Hospitality Property For Sale
·
21,832 SF
INVESTMENT HIGHLIGHTS
- Dream Hotel Opportunity with Restaurant in the Best South Beach Location.
- Positioned between the shopping and entertainment enclaves of Lincoln Road and Española Way.
- Conveniently located just across the street from the northernmost point of Ocean Drive.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 21,832 SF |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | B | Year Built/Renovated | 1962/2017 |
| Lot Size | 0.20 AC | Corridor | Interior |
| Zoning | 6501 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 21,832 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1962/2017 |
| Corridor | Interior |
| Zoning | 6501 |
AMENITIES
- Balcony
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Digital key
ABOUT 1506 COLLINS AVE , MIAMI BEACH, FL 33139
PRICE REDUCED to $8,500,000 WITH SELLER FINANCING NOW AVAILABLE for qualified buyer! This 30-room property features highly coveted covered parking, street-level restaurant space with outdoor seating, ADA compliant rooms, an elevator, new rooftop solar panels, a smartly updated lobby, spacious rooms alongside communal living, kitchen, and bath facilities. Though not currently operating, the Eva had recently been updated and is in exceptional condition affording a new owner minimal delays in delivering their concept to the market. The Property offers everything investors need for providing a fun, engaging environment for guests while delivering maximum value at the heart of South Beach.
PROPERTY TAXES
| Parcel Number | 02-3234-019-1040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,888,904 |
PROPERTY TAXES
