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1550 Collins Ave
Miami Beach, FL 33139
Tropics Hotel · Hospitality Property For Sale · 26,264 SF

INVESTMENT HIGHLIGHTS

  • 70-room hotel with large lobby, swimming pool and lounge area
  • Located across from the beach, steps to Lincoln Road and Ocean Drive
  • Ready for redevelopment - zoning allows up to 44,400 SF
  • 3-story building with elevator, communal kitchen and laundry
  • The building has been recertified until 2031

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.51 AC
Building Size 26,264 SF
No. Stories 3
Year Built/Renovated 1941/1955
Tenancy Single
Parking Ratio 0.11/1,000 SF
Corridor Interior
Zoning 6501

AMENITIES

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-3234-019-1080
Land Assessment
$5,550,000
Improvements Assessment
$710,000
Total Assessment
$6,260,000
  • Listing ID: 27867231

  • Date on Market: 3/2/2023

  • Last Updated:

  • Address: 1550 Collins Ave, Miami Beach, FL 33139

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