852 Collins Ave - Hospitality FOR SALE


Miami Beach, FL 33139- Flamingo
$8,500,000 USD
786-522-7056
852 Collins Ave, Miami Beach, FL for Sale
$8,500,000 USD
Hospitality - FOR SALE
1/15
null | Request Cap Rate

852 Collins Ave
Miami Beach, FL 33139
Flamingo


HIGHLIGHTS

  • Prime South Beach location in the iconic Art Deco District
  • Fully occupied 16-unit boutique property
  • Turnkey fee-simple asset with no deferred maintenance
  • Steps from world-famous beaches, dining, and nightlife
  • Proximity to global travel gateways: PortMiami and MIA Airport
  • Ideal investment in Miami’s resilient, high-growth hospitality market

OVERVIEW

Marcus & Millichap is proud to present for sale 852 Collins Avenue, a fully occupied, 16-unit boutique rental property located in the heart of Miami Beach’s globally renowned Art Deco District. This rare, fee-simple net-leased opportunity is not only 100% leased but also positioned at the crossroads of tourism, wealth migration, and economic expansion. Spanning over 7,600 square feet, this three-story property is leased to Luxuri, one of South Florida’s most prominent luxury short-term rental operators. Backed by Campau Capital Corporation, Luxuri offers a curated high-end experience including gourmet chef services, concierge access, yacht charters, and private aviation—ideal for high-net-worth travelers who continue to drive demand in Miami Beach. Miami Beach is booming. According to the Greater Miami Convention & Visitors Bureau, the city welcomed a record-breaking 28 million visitors in 2024, generating $22 billion in spending and $2.2 billion in local tax revenues. Miami-Dade now leads the nation in hotel occupancy and ranks third nationally in average daily room rates. In 2025, Miami Beach hotel properties topped all major U.S. markets in Revenue Per Available Room (RevPAR).

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$1,118 USD /SF

# OF ROOMS

15

PRICE/ROOM

$566,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

852 Collins Miami Beach

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1936

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

6501

APN/PARCEL ID

02-4203-004-0440

ASK ABOUT THIS PROPERTY

Alex ZylberglaitMarcus & MillichapMore Info
786-522-7056

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Alex ZylberglaitMarcus & MillichapMore Info
786-522-7056

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.