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    6080 Collins Ave Miami Beach, FL 33140

    For Sale
    $39,900,000

    Six-story condo-hotel with diversified income in desirable Mid-Beach area.

    Lot size:
    0.42 Acres

    Property Features for 6080 Collins Ave

    General Information

    Lot size
    0.42 Acres

    Source: Urbis Real Estate Corp. Agent Daniela Serna-Londono

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Condo-Hotel in Miami Beach

    This six-story condo-hotel in Miami Beach presents an investment opportunity. Constructed in 2019, the property features 70 fully furnished units and 70 valet parking spaces with storage. The building also includes a Starbucks-leased retail space and a leased office suite. Located in the Mid-Beach area, the property benefits from strict zoning regulations that limit new hotel development. The property is in turnkey condition and requires no major capital improvements. The property offers diversified income and long-term value appreciation. The property is located on fee simple land.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.120964
    Latitude
    25.844065

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    FAQs

    What type of property is this?
    Hotel - Six-story condo-hotel with diversified income in desirable Mid-Beach area.
    Where is this hotel located?
    The property is located at 6080 Collins Ave Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $39,900,000.
    What are key features of this property?
    This property features: - Rare investment opportunity in the highly desirable Mid-Beach area of Miami Beach.; - Modern, six-story condo-hotel built in 2019, featuring **70 fully furnished units in turnkey condition**.; - Diversified income streams from 70 condo-hotel units, a Starbucks-leased retail space, and a leased office suite.
    (786) 860-0063
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    6080 Collins Ave Miami Beach, FL 33140
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    Miami Beach, FL 33140
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6080 Collins Ave Miami Beach, FL 33140
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