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About This Home

This 0-bedroom, 0-bathroom commercial at 2814 Collins Ave in Miami Beach, FL is listed for $16,999,000. Built in 1924, on a 0.32 acres lot.

Agent Description

Faena District Hospitality Asset | 48 Units + 8,000 SF Retail | Reintroduced to Market

2814 Collins Avenue presents a rare opportunity to acquire a partially completed, mixed-use hospitality asset in the heart of Miami Beach’s Faena District.? Positioned on a prime Collins Avenue corner just steps from the ocean, the property sits directly across from The Miami Beach EDITION and is surrounded by some of the area’s most significant luxury hospitality and residential developments.?

The asset is configured for 48 hotel units along with three ground-floor retail spaces totaling over 8,000 square feet, offering a compelling combination of hospitality and income-producing frontage.? Substantial progress has already been made, the property has undergone substantial structural and exterior improvements, allowing a new owner to step directly into the final phase of design and completion.?

Ownership is reintroducing the asset to the market with repositioned pricing and a direct alignment with today’s market conditions.? This creates a compelling opportunity for investors and operators to acquire a well-located Miami Beach asset at a basis that is increasingly difficult to replicate.?

Key Features

  • Built in 1924
  • 0.32 acre lot

Property Details

1924

Monthly Cost Estimate

$90,914/mo

20% down · 6.5% · 30 years

Principal$12,294
Interest$73,662
Insurance$4,958

Estimates only. Actual payments may vary.

Location

2814 Collins Ave

Miami Beach, FL 33140

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2814 Collins Ave is listed at $16,999,000. The estimated monthly payment is $73,662 based on 20% down at 6.5% interest.

Key features include: Built in 1924, 0.32 acre lot.

This property is listed by Susan Gale and can be reached at 3055389711 or info@susangalegroup.com.

SG

Susan Gale

Agent at One Sotheby's International Realty

(305) 538-9711

Listed by One Sotheby's International Realty · View on Broker Site

MLS# A12011345· Source: listhub· Updated today

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2814 Collins Ave, Miami Beach, FL 33140

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