USD 30,000,000

Miami Beach, Florida 33139

Beds
Baths 0

Property Description

250 Collins is 27 fully renovated residences located at 250 Collins Avenue in the heart of South Beach. The
property is currently operating as a Short-Term Rental facility with a short-term rental license in place under a management agreement with Sextant Brand. The management agreement has the option to be terminated upon a potential sale of the property.

The property allows for multiple investment strategies including hotel, apts, STR rentals, condo-conversion and condo-hotel. The property recently completed a multi-year renovation which offers ultra high-end finishes including custom kitchens with quartz counters, high-end white lacquered cabinets and Miele appliance packages. Added into the redesign are a 3rd floor glass penthouse level and a 4th floor roof top pool and sun deck.

Listed by Cushman & Wakefield of Florida

Property Details

ID #
A11215438
Status
Sale
Type
Commercial, Industrial, Hotel
Zip Code
33139
Year Built
1959
Occupancy
Call Listing Agent
Type of Building
Hotel/Motel
Utilities
Internet
Zoning Information
3003

Neighbourhood Map

Map is not available for this listing
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 0.25%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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