6080 Collins, Miami Beach Asking Price: $39.9M 70 fully furnished condo-hotel units 70 valet parking spaces with storage Retail space leased to Starbucks Fully occupied office suite Fee simple land ownership Prime location in Mid-Beach, Miami Beach HIGHLIGHTS - Turnkey Trophy Asset 6080 Collins presents a rare opportunity to acquire a fully operational, luxury six-story condo-hotel in Miami Beach. The offering includes 70 premium units, 70 parking spaces with storage, retail space leased to Starbucks, and a leased office suite—providing diversified income streams on fee-simple land. - Brand Recognition & National Tenancy A Starbucks store under a ten-year license agreement ensures immediate rental income and enhances tenant profile. The professional office lease adds further stability and cash flow. - Prime, Irreplaceable Location Located in the prestigious Mid-Beach corridor on Collins Avenue, the asset benefits from zoning restrictions that greatly limit future hotel development—ensuring long-term scarcity and value appreciation. - Modern Construction & Design Built in 2019, 6080 Collins features contemporary architecture, high-end interior finishes, private terraces, and multiple unit layouts. The property is in excellent condition and does not require significant capital improvements. - Strategic Access & Connectivity Situated just 17 minutes from Downtown Miami and 20 minutes from Miami International Airport, the hotel is ideally located for both leisure and business travel. MARKET DRIVERS 1. Global Tourism Hub Miami Beach attracts over 27 million visitors annually and is home to global events like Art Basel, F1 Race Week, Ultra Music Festival, and the Miami Boat Show, supporting strong year-round demand for accommodations. 2. Supply-Constrained Submarket Strict zoning laws and a scarcity of developable land significantly limit new hotel construction, especially in Mid-Beach. Many existing buildings are historically protected, reducing redevelopment potential and preserving asset value. 3. Favorable Demographic Trends A growing influx of high-net-worth individuals from states like NY, CA, and IL continues to fuel demand for luxury properties. Boutique hotels with experiential design, like 6080 Collins, align perfectly with current traveler preferences. 4. Value Appreciation & Trophy Status Boutique, income-producing assets in limited-supply areas like Mid-Beach continue to command premium valuations, especially those offering long-term growth and stable returns. 5. Strong Economic Fundamentals Miami is evolving into a financial and tech hub—dubbed “Wall Street of the South.” Infrastructure upgrades, flood resiliency projects, and improved transit all point to robust, long-term economic growth. 6080 Collins offers a rare chance to acquire a modern, income-generating, boutique hotel in one of the most exclusive and supply-constrained submarkets in the U.S. With national tenancy, fee-simple land, and strong cash flow, this is an exceptional opportunity for investors seeking a stable, high-profile asset in the heart of Miami Beach.