1233 Collins Ave Miami Beach, FL ^$ 5,250,000

1233 Collins Ave

^$ 5,250,000

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1233 Collins Ave

Miami Beach, FL, 33139

^$ 5,250,000

Studio Baths0.0 Sq 1

Monthly Estimate*

^$ 36,673

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Studio

Commercial Property for sale in Miami Beach, FL

for $5,250,000. This 1 square foot building was built in 1934 on a lot size of 0.160698.

Fully licenses Short - Term / Hotel property. Located in the heart of South Beach restaurants, entertainment and nightlife area. This property is private, gated, lush, tropical oasis. 4 large two-story townhomes - two 2 bed/2 bath & two 1 bed/1 bath. Secluded 7,300+ SF retreat, completely renovated in 2010-2011. Spiral staircase to master bedroom suites. Central A/C, washer/dryer in each unit. MXE (mixed use entertainment) zoning allows for hotel, retail, restaurant, office, residential or mix. Potential upside with additional renovation. See OM in attachments for additional information.

Commercial Active

Price

^$ 5,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 65,950

Style

HotelMotel

Lot Size

0.160698

Year Built

1934

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11401298

Features

General

Construction Materials Block

Year Built 1934

Property SubType HotelMotel

County Miami-Dade County

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

Directions Drive north on Collins avenue once you passed 12th street the property will be on your right. Brown metal door.

City Miami Beach

Buyer Agent Compensation 2.5%

View Y/N N

Senior Community Y/N N

Zoning Description 6501

MLS Area 32

Lot Size Square Feet 7000.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Collins Ave

Listing Terms Cash Conventional

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 65950.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11401298

Days on Market 248

Structure Type HotelMotel

Standard Status Active

Occupancy Description CallAgent

Legal Description OCEAN BEACH ADDN NO 2 PB 2-56 LOT 13 BLK 17 LOT SIZE 50.000 X 140 OR 17187-0863 0496 1 COC 21573-3644 08 2003 1

Exterior

Lot Size Area 7000.0

Number of Buildings 7311

Spa N

Building Area Total 1.0

Lot Size Units SquareFeet

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 1233

* Excluded Features

List By

One Sotheby's International Re

Broker

roy@thebenmeirteam.com

Affordability Calculator

$42,169

Per Month

Monthly Principal & Interest: $36,673
Monthly Property Taxes: $5,496
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Miami Beach, FL

Average List Price ^$4,034,209

Percent of Sale Price 23%

About Miami Beach, FL

89,941 Population

2% Since 2002

^$56,146 Median Income

43.3 Median Age

15% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

292769 Elementary School

292996 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/13/2024	$5,250,000	-12.50%	Price Down
8/23/2023	$5,999,990	-7.69%	Price Down
6/9/2023	$6,500,000		Listed Price

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1233 Collins Ave, Miami Beach, FL, 33139 is a Commercial Property for sale at $5,250,000 with 1 sqft and a lot size of 0.160698. 1233 Collins Ave is a studio with 0.0 baths and was built in 1934. The property's zip code is 33139 which is in Miami Beach, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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1233 Collins Ave

Commercial Property for sale in Miami Beach, FL

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