2814 Collins Ave, Miami Beach FL 33140

About This Property

Faena District Hospitality Asset | 48 Units + 8,000 SF Retail | Reintroduced to Market 2814 Collins Avenue presents a rare opportunity to acquire a partially completed, mixed-use hospitality asset in the heart of Miami Beach’s Faena District.? Positioned on a prime Collins Avenue corner just steps from the ocean, the property sits directly across from The Miami Beach EDITION and is surrounded by some of the area’s most significant luxury hospitality and residential developments.? The asset is configured for 48 hotel units along with three ground-floor retail spaces totaling over 8,000 square feet, offering a compelling combination of hospitality and income-producing frontage.? Substantial progress has already been made, the property has undergone substantial structural and exterior improvements, allowing a new owner to step directly into the final phase of design and completion.? Ownership is reintroducing the asset to the market with repositioned pricing and a direct alignment with today’s market conditions.? This creates a compelling opportunity for investors and operators to acquire a well-located Miami Beach asset at a basis that is increasingly difficult to replicate.?

Property Details

Property Type

Hotel/Motel

Status

Active

MLS #

A12011345

Building Area

28,606 SF

Lot Size

14,000 SF

Year Built

1924

Zoning

4000

Days on Market

45

Price

$16,999,000