6979 Collins Ave Miami Beach, FL 33141-3205
Property profile & analytics
6979 Collins Ave, Miami Beach, FL 33141-3205
- Hotels
- 21,377 SF
- 0.32 lot acres
Property ID
US18-9569000
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Hotels
Property Details for 6979 Collins Ave
- Year built
- 1936
- Construction
- CONCRETE
- Lot size
- 0.32 lot acres
- Zone code
- 4100:MULTI-FAMILY,101+U/A
- Property type
- Hotels
- APN
- 02-3211-002-0710
- APU
- 232110020710
Description
This exceptional 63-key oceanfront hotel in Miami Beach, Florida presents a unique investment opportunity. Located at 6979 Collins Ave, this 5-story, 21,377 square foot property sits on a 14,150 square foot lot (APN 02-3211-002-0710) and boasts a prime location in the highly desirable 33141 zip code. Built in 1936, the hotel offers significant potential for both immediate income generation and future development. The current asking price is $30,000,000, translating to $1,403.38 per square foot. The property is zoned 4100, allowing for substantial expansion. A key advantage is the possibility of adding approximately 14,000 square feet to the existing structure or combining it with an adjacent property to create a luxury condominium project with a floor area ratio (FAR) of 3.0, potentially resulting in a total unit count of around 150. This represents a rare chance to acquire an oceanfront property in Miami Beach with both immediate income potential and significant long-term development upside. This is likely the last opportunity to own a hotel of this kind on the ocean in Miami Beach. Detailed property photos are forthcoming.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1199
- Latitude
- 25.8557
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$105,249
$4,704,875
$864,815
$5,569,690
-
$4,704,875
$864,815
$5,569,690
