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3010 Collins Ave
Miami, FL 33140
Red South Beach Hotel · Hospitality Property For Sale · 109 Rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class A
Lot Size 0.28 AC
Construction Status Under Renovation
Building Size 43,602 SF
No. Rooms 109
No. Stories 7
Year Built/Renovated 1939/2009
Corridor Interior
Zoning RM-2

AMENITIES

  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Smoke-Free

ABOUT 3010 COLLINS AVE , MIAMI, FL 33140

Complete Redevelopment The 109 unit Hotel was completely renovated in 2009 upon acquisition that included a new pool deck and amenity area, additional guestroom suites, poolside villas, complete rooms renovation, all new life and safety systems, new elevators, and exterior curtainwall. Significant Revenue Upside Following new management and re-branding, the Red South Beach Hotel will be superiorly positioned to capture the ever-improving Miami Beach demand and increase exposure in major markets. Unencumbered by Brand and Management The Property is being offered free and clear of brand and management encumbrances, affording a new owner maximum flexibility to reposition the Hotel either under an independent, lifestyle, or internationally recognized brand. Scarcity The Red South Beach Hotel represents one of the few last remaining opportunities to own and reposition an unencumbered hotel with select full-service amenities in Miami Beach.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-3226-001-1200
Land Assessment
$3,000,000
Improvements Assessment
$43,652
Total Assessment
$3,043,652
  • Listing ID: 11279897

  • Date on Market: 1/17/2018

  • Last Updated:

  • Address: 3010 Collins Ave, Miami, FL 33140

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