305-213-1163
860 Collins Ave, Miami Beach, FL for Sale
Hospitality - FOR SALE
1/26
null | Request Cap Rate

860 Collins Ave
Miami Beach, FL 33139
Flamingo


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
  • -Placer.ai foot traffic analytics demonstrate over 13 million impressions annually — highlighting the property’s superior location and walkability
  • -Placer.ai foot traffic analytics demonstrate over 13 million impressions annually — highlighting the property’s superior location and walkability
  • -16 fully renovated 2-bedroom, 1-bedroom, studio, and deluxe studio hospitality suites
  • 4,800 SF ground-floor retail space ideal for a restaurant, bar, or lounge
  • Active hotel and liquor licenses in place

OVERVIEW

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 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.

FOR SALE DETAILS

PRICE

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# OF ROOMS

16

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Franklin Suites South Beach

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1934

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

MXE, Miami Beach, 6501

APN/PARCEL ID

02-4203-004-0430

ASK ABOUT THIS PROPERTY

Rey FigueroaKeyes Commercial Real EstateMore Info
305-213-1163

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Rey FigueroaKeyes Commercial Real EstateMore Info
305-213-1163

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