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Renovated Hotel in South Beach
For Sale
$15,950,000

205 Collins Ave, Miami Beach, FL 33139

Fully renovated 25-suite hotel with cafe in prime location.

Property Size15,457 SF
Lot Size0.15 Acres
Days on Market159

Property Features for 205 Collins Ave

General Information

Standard status Active
Size 15,457 SF
Lot size 0.15 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $71,399

Building Details

Building Size 15,457 SF
Year Built 1923
Stories 3
Listing Agency:
Listed By: Jorge Martinez · License #0697545
Source: Elliman
Added: Mar 11 Changed: Aug 15 Last Checked: Aug 14 at 6:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jorge Martinez

Investment Insights

Based on property information with market context.

This fully renovated hotel is located in the South of Fifth neighborhood of Miami Beach, steps from South Pointe Beach. The property features 25 suites, each equipped with full kitchens, catering to longer-staying guests. A cafe is located in the lobby and can be expanded to accommodate 40 seats. The cafe/restaurant has a full liquor license and a commercial kitchen. The hotel has passed the 40-year re-certification and is fully remodeled. The property is approved for Airbnb and is currently generating income. The value of this hotel is in the real estate, which includes 25 apartment hotel units, and its location.

Key Highlights

  • Prime location in Miami Beach's South of Fifth (SoFi) neighborhood
  • Steps from South Pointe Beach and surrounded by top restaurants
  • Fully renovated 25‑suite hotel with full kitchens in each unit

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Auto Repair Shop Dental Office Auto Parts Store Building Supply Kitchen & Bath Showroom Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,100
Businesses Nearby

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Fully renovated 25-suite hotel with cafe in prime location.
Where is this hotel located?
The property is located at 205 Collins Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $15,950,000.
What are key features of this property?
This property features: Prime location in Miami Beach's South of Fifth (SoFi) neighborhood; Steps from South Pointe Beach and surrounded by top restaurants; Fully renovated 25‑suite hotel with full kitchens in each unit
More about this property
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