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Franklin Suites South Beach 860 Collins Ave 16 Room Hotel Miami Beach, FL 33139 For Sale
INVESTMENT HIGHLIGHTS
- Prime Collins Hospitality Property in the heart of the Art Deco District just steps away from Ocean Drive, Lummus Park, South Beach Iconic night life
- 16 fully renovated 2-bedroom, 1-bedroom, studio, and deluxe studio hospitality suites
- Active hotel and liquor licenses in place
- Placer.ai foot traffic analytics demonstrate over 13 million impressions annually — highlighting the property’s superior location and walkability
- 4,800 SF ground-floor retail space ideal for a restaurant, bar, or lounge
EXECUTIVE SUMMARY
Call for Sales Price
Located in the heart of South Beach’s world-renowned Art Deco District, 860 Collins Avenue offers a rare and lucrative investment opportunity. This fully renovated and operational mixed use boutique hotel features 16 stylishly appointed units including 1-bedroom, 2-bedroom, studios, and deluxe studio suites. With stabilized hotel income, valuable liquor licensing, and unmatched location.
The 4,800 SF ground floor retail space offers exceptional potential for a restaurant, cocktail lounge, or nightlife concept, and comes with active liquor license. In addition, the property includes a rooftop with build-out potential for jacuzzis, a rooftop bar, and guest gathering spaces, making it ideal for hospitality enhancements and added revenue streams.
With stabilized hotel income, valuable licensing, and unmatched location, 860 Collins Avenue is a rare chance to acquire a high-performing, multi-use asset in one of the world’s most vibrant tourism markets.
Located in the heart of South Beach’s world-renowned Art Deco District, 860 Collins Avenue offers a rare and lucrative investment opportunity. This fully renovated and operational mixed use boutique hotel features 16 stylishly appointed units including 1-bedroom, 2-bedroom, studios, and deluxe studio suites. With stabilized hotel income, valuable liquor licensing, and unmatched location.
The 4,800 SF ground floor retail space offers exceptional potential for a restaurant, cocktail lounge, or nightlife concept, and comes with active liquor license. In addition, the property includes a rooftop with build-out potential for jacuzzis, a rooftop bar, and guest gathering spaces, making it ideal for hospitality enhancements and added revenue streams.
With stabilized hotel income, valuable licensing, and unmatched location, 860 Collins Avenue is a rare chance to acquire a high-performing, multi-use asset in one of the world’s most vibrant tourism markets.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 16 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1934/2013 |
| Building Class | B | Tenancy | Single |
| Lot Size | 0.16 AC | Corridor | Interior |
| Building Size | 22,198 SF | ||
| Zoning | MXE, Miami Beach, 6501 - General commercial Zoning | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 22,198 SF |
| No. Rooms | 16 |
| No. Stories | 4 |
| Year Built/Renovated | 1934/2013 |
| Tenancy | Single |
| Corridor | Interior |
| Zoning | MXE, Miami Beach, 6501 - General commercial Zoning |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 16 | $225.00 | - |
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 02-4203-004-0430 | Improvements Assessment | $2,080,000 |
| Land Assessment | $3,500,000 | Total Assessment | $5,580,000 |
PROPERTY TAXES
Parcel Number
02-4203-004-0430
Land Assessment
$3,500,000
Improvements Assessment
$2,080,000
Total Assessment
$5,580,000
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Franklin Suites South Beach | 860 Collins Ave
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