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Renovated 25-Suite Hotel
New
For Sale
$15,950,000

205 Collins Ave, Miami Beach, FL 33139

Commercial Sale, Miami Beach, FL

Property SizeContact for details
Lot Size0.15 Acres
Days on Market5

Property Features for 205 Collins Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 3003
Parking features Valet
Subdivision 42
Standard status Active
APN 02-42-03-003-0370
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description 3 54 42 OCEAN BEACH FLA SUB PB 2-38 LOT 9 BLK 3 LOT SIZE SITE VALUE OR 15799-2730 1292 4
Tax Annual Amount 71399
Legal Description 3 54 42 OCEAN BEACH FLA SUB PB 2-38 LOT 9 BLK 3 LOT SIZE SITE VALUE OR 15799-2730 1292 4

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public
Water front features Ocean Access
Water front 1

Building Details

Year built 1923
Floors in Building 3
Number of units 25
Flooring type Tile
Building materials Block
Roof type Concrete
Listing Agency: One Sotheby's International Realty
Listed By: Roland Ortiz · License #0697545
Added: Aug 25 Changed: Aug 26 Last Checked: Aug 29 at 12:06AM
MLS# A11829788

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 25-suite hotel in Miami Beach has been fully renovated, with every suite equipped with a full kitchen for extended-stay accommodation. The lobby includes an existing café that can be expanded to a 40-seat café or restaurant, supported by a commercial kitchen and full liquor license. The property is constructed with block walls, tile flooring, a concrete roof, central air conditioning, and electric and central heating. Public water and sewer serve the building, with valet parking available.

Located at 205 Collins Ave in the South of Fifth neighborhood, the hotel sits near South Pointe Beach and has ocean access. The property occupies 0.1492 acres, was built in 1923, and is undergoing its 40-year recertification. Airbnb approval is also in place.

Key Highlights

  • 25‑suite hotel with full kitchens in every suite
  • Fully renovated property built in 1923
  • Lobby café can expand to a 40‑seat café/restaurant

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - Renovated hotel with in-suite kitchens, a lobby café, and commercial food-service infrastructure.
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: 25‑suite hotel with full kitchens in every suite; Fully renovated property built in 1923; Lobby café can expand to a 40‑seat café/restaurant
More about this property
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