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6080 Design Hotel 6080 Collins Ave 70 Room Hotel Miami Beach, FL 33140 $39,900,000 ($570,000/Room)
INVESTMENT HIGHLIGHTS
- 70 Fully Furnished Condo-Hotel Units
- Retail Space Leased to Starbucks + Office Tenant
- Prime Mid-Beach Location
- 70 Dedicated Valet Parking Spaces and Storage
- Fee Simple Land Ownership
EXECUTIVE SUMMARY
The Sixty80 Design Hotel in Miami Beach presents a compelling investment opportunity. With its 70 luxurious rooms spread across six stories, this condo hotel offers a unique blend of ownership options. This offer is to acquire 70 hotel units + 70 parking spaces & storage, plus retail space leased to Starbucks and an office.
PRIME MIAMI BEACH, FL LOCATION
One of the standout features is the inclusion of in-house Starbucks store, providing a recognizable brand presence and potentially enhancing revenue streams. The ten-year licensing agreement adds stability to this aspect of the investment.
Additionally, ownership of the underlying land adds intrinsic value and control over the property's long-term development potential.
The dedicated parking space further enhances convenience for guests, adding to the overall appeal of the investment.
The variety of accommodations, from suites to penthouses, caters to diverse guest preferences, while the captivating interior design and private terraces offer a luxurious experience.
Situated in a premium location with limited hotel development opportunities permitted in the area, the Sixty80 Design Hotel stands out as an exceptional investment choice in the vibrant city of Miami Beach.
PRIME MIAMI BEACH, FL LOCATION
One of the standout features is the inclusion of in-house Starbucks store, providing a recognizable brand presence and potentially enhancing revenue streams. The ten-year licensing agreement adds stability to this aspect of the investment.
Additionally, ownership of the underlying land adds intrinsic value and control over the property's long-term development potential.
The dedicated parking space further enhances convenience for guests, adding to the overall appeal of the investment.
The variety of accommodations, from suites to penthouses, caters to diverse guest preferences, while the captivating interior design and private terraces offer a luxurious experience.
Situated in a premium location with limited hotel development opportunities permitted in the area, the Sixty80 Design Hotel stands out as an exceptional investment choice in the vibrant city of Miami Beach.
PROPERTY FACTS
| Price | $39,900,000 | Building Size | 69,746 SF |
| Price Per Room | $570,000 | No. Rooms | 70 |
| Sale Type | Investment | No. Stories | 6 |
| Property Type | Hospitality | Year Built | 2019 |
| Property Subtype | Hotel | Parking Ratio | 1/1,000 SF |
| Building Class | A | Corridor | Interior |
| Lot Size | 0.42 AC | ||
| Zoning | R2 - Multifamily | ||
| Price | $39,900,000 |
| Price Per Room | $570,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | A |
| Lot Size | 0.42 AC |
| Building Size | 69,746 SF |
| No. Rooms | 70 |
| No. Stories | 6 |
| Year Built | 2019 |
| Parking Ratio | 1/1,000 SF |
| Corridor | Interior |
| Zoning | R2 - Multifamily |
AMENITIES
- Balcony
- Fitness Center
- Pool
- Shuttle Service
- Wheelchair Accessible
- On-Site Retail
- High Speed Internet Access
- Patio
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 70 | $187.00 | - |
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 02-3211-099-0380 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $218,460 |
PROPERTY TAXES
Parcel Number
02-3211-099-0380
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$218,460
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6080 Design Hotel | 6080 Collins Ave
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