321 Collins Ave , for Sale & Rent

321 Collins Ave for Sale & Rent

Price $8,350,000.00

• Lot size 8766
• Year Build 1937
• Waterfront
• Zip 33139
• Style
• Parking Description
• Pool Yes
• Status Active

Description

A fully renovated, two-story hostel with 26 rooms and just a block from the ocean ? that's a rare find in such a prime location. The completed 40-year recertification is a significant plus, and the feasibility study for a third floor and the potential for a liquor license in the lobby really open up possibilities for increased revenue. Being surrounded by ultra-luxury condos and steps from those iconic restaurants definitely underscores the value of this location. This seems like a unique opportunity to tap into the South Beach hospitality market with significant growth potential.

OCEAN BEACH FLA SUB PB 2-38 LOT 11 BLK 4 LOT SIZE SITE VALUE OR 19712-3852 0601 1 COC 25679-0580 05 2007 1

A fully renovated, two-story hostel with 26 rooms and just a block from the ocean ? that's a rare find in such a prime location. The completed 40-year recertification is a significant plus, and the feasibility study for a third floor and the potential for a liquor license in the lobby really open up possibilities for increased revenue. Being surrounded by ultra-luxury condos and steps from those iconic restaurants definitely underscores the value of this location. This seems like a unique opportunity to tap into the South Beach hospitality market with significant growth potential.

City:Miami Beach,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:25.7725784,List Price:8350000,Listing Id:A11792314,Longitude:-80.1331293,Mls Status:Active,Year Built:1937,Postal Code:33139,Street Name:Collins Ave,Coordinates:1:25.7725784,Photos Count:16,Days On Market:157,Lot Size Units:Square Feet,M I A M I R E_ Area:30,On Market Date:2025-04-28,Parcel Number:02-42-03-003-0530,Property Type:Commercial Sale,Stories Total:2,Street Number:321,Public Remarks:A fully renovated, two-story hostel with 26 rooms and just a block from the ocean ? that's a rare find in such a prime location. The completed 40-year recertification is a significant plus, and the feasibility study for a third floor and the potential for a liquor license in the lobby really open up possibilities for increased revenue. Being surrounded by ultra-luxury condos and steps from those iconic restaurants definitely underscores the value of this location. This seems like a unique opportunity to tap into the South Beach hospitality market with significant growth potential.,Structure Type:1:Hotel,County Or Parish:Miami-Dade County,Expiration Date:2025-11-09,List Office Name:APEX Capital Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6902,Property Sub Type:Hotel/Motel,State Or Province:FL,Tax Annual Amount:83246,Unparsed Address:321 Collins Ave, Miami Beach FL 33139,Listing Agreement:Exclusive Agency,Building Area Total:8766,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:6500,M I A M I R E_ Flood Zone:AE,M I A M I R E_ For Sale Y N:1,M I A M I R E_ Num Floors:2,Number Of Buildings:1,Original List Price:8350000,Public Survey Range:42,Documents Available:1:Photos,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:A fully renovated, two-story hostel with 26 rooms and just a block from the ocean ? that's a rare find in such a prime location. The completed 40-year recertification is a significant plus, and the feasibility study for a third floor and the potential for a liquor license in the lobby really open up possibilities for increased revenue. Being surrounded by ultra-luxury condos and steps from those iconic restaurants definitely underscores the value of this location. This seems like a unique opportunity to tap into the South Beach hospitality market with significant growth potential.,Listing Contract Date:2025-04-28,Originating System I D:miamire,Public Survey Section:3,Street Number Numeric:321,Tax Legal Description:OCEAN BEACH FLA SUB PB 2-38 LOT 11 BLK 4 LOT SIZE SITE VALUE OR 19712-3852 0601 1 COC 25679-0580 05 2007 1,M I A M I R E_ Current Price:8350000,Public Survey Township:42,M I A M I R E_ Municipal Code:2,M I A M I R E_ Total Mortgage:10400000,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Value Add Boutique Hotel and Food & Beverage Outpost,M I A M I R E_ Parcel Number M L X:0530,M I A M I R E_ Street View Param:1$25.772571$-80.133115$267.44$13.33$1.00$CAoSLEFGMVFpcE1kNGpwbU1VRm1wbWozeVFKN1RLYjREdVZQNWtpbGt3Wk9vaHlX,M I A M I R E_ Supplement Count:1,Contract Status Change Date:2025-04-28,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:3,M I A M I R E_ Agent Alternate Phone:305-308-9411,M I A M I R E_ Property Description:Value Add Boutique Hotel,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:321 Collins Ave,