16
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  • Type
  • Hotel/Motel
Commercial Sale Active

321 Collins Ave, Miami Beach FL 33139 | Miami-Dade County | A11792314

  • $8,350,000

Description

A fully renovated, two-story hostel with 26 rooms and just a block from the ocean – that’s a rare find in such a prime location. The completed 40-year recertification is a significant plus, and the feasibility study for a third floor and the potential for a liquor license in the lobby really open up possibilities for increased revenue. Being surrounded by ultra-luxury condos and steps from those iconic restaurants definitely underscores the value of this location. This seems like a unique opportunity to tap into the South Beach hospitality market with significant growth potential.

Address

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  • Address: Collins Ave
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33139

Details

Updated on October 2, 2025 at 7:31 pm
  • Property ID A11792314
  • Price $8,350,000
  • Year Built 1937
  • Type Hotel/Motel
  • Property Status Commercial Sale

Additional details

  • BuildingAreaTotal 8766
  • BuildingAreaUnits Square Feet
  • BusinessType Hotel/Motel
  • CoListAgentDirectPhone 305-570-2600
  • CoListAgentEmail miguel@apexcapitalrealty.com
  • CoListAgentFullName Miguel Pinto
  • CoListAgentKey ed886bb784b313f869bde3b013b83cc8
  • CoListAgentMlsId 3313310
  • CoListAgentOfficePhone 305-570-2600
  • CoListAgentStateLicense 3313310
  • CoListOfficeKey 8627e45c75fbdf807642a7c8c847df45
  • CoListOfficeMlsId AXCR01
  • CoListOfficeName APEX Capital Realty LLC
  • CoListOfficePhone 305-570-2600
  • ContractStatusChangeDate 2025-04-28
  • DaysOnMarket 157
  • DocumentsAvailable Aerial Photo(S), Photos
  • ExpirationDate 2025-11-09
  • InternetAddressDisplayYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR A-Miami Association of REALTORS
  • ListAgentDirectPhone 305-350-3584
  • ListAgentEmail adriano@apexcapitalrealty.com
  • ListAgentFullName Adriano Salucci
  • ListAgentKey 0c190ac5ecdd26c0fbfb60c3f4e19e7d
  • ListAgentMlsId 3470836
  • ListAgentOfficePhone 305-570-2600
  • ListAgentStateLicense 3470836
  • ListOfficeKey 8627e45c75fbdf807642a7c8c847df45
  • ListOfficeMlsId AXCR01
  • ListOfficeName APEX Capital Realty LLC
  • ListOfficePhone 305-570-2600
  • ListingAgreement Exclusive Agency
  • ListingContractDate 2025-04-28
  • ListingKey dfe857a19a1cf39ef9dde08d35e7e48c
  • LotSizeSquareFeet 6500
  • MajorChangeTimestamp April 28, 2025 at 09:41pm
  • MajorChangeType New
  • MlsStatus Active
  • ModificationTimestamp October 2, 2025 at 07:21pm
  • NumberOfBuildings 1
  • NumberOfUnitsInCommunity 0
  • OnMarketDate 2025-04-28
  • OriginalEntryTimestamp April 28, 2025 at 09:41pm
  • OriginalListPrice 8350000
  • OriginatingSystemID miamire
  • OriginatingSystemKey miamire
  • OriginatingSystemName Miami Association of REALTORS®
  • OtherExpense 0
  • ParcelNumber 02-42-03-003-0530
  • PhotosChangeTimestamp April 28, 2025 at 09:44pm
  • PhotosCount 16
  • PostalCodePlus4 6902
  • PriceChangeTimestamp April 28, 2025 at 09:39pm
  • PublicSurveyRange 42
  • PublicSurveySection 3
  • PublicSurveyTownship 42
  • SourceSystemKey 410705967
  • SpecialListingConditions Sale
  • StateOrProvince FL
  • StatusChangeTimestamp April 28, 2025 at 09:41pm
  • Stories 2
  • StoriesTotal 2
  • StreetName Collins Ave
  • StreetNumber 321
  • StreetNumberNumeric 321
  • StructureType Hotel/Motel, Hotel
  • SyndicationRemarks A fully renovated, two-story hostel with 26 rooms and just a block from the ocean – that's a rare find in such a prime location. The completed 40-year recertification is a significant plus, and the feasibility study for a third floor and the potential for a liquor license in the lobby really open up possibilities for increased revenue. Being surrounded by ultra-luxury condos and steps from those iconic restaurants definitely underscores the value of this location. This seems like a unique opportunity to tap into the South Beach hospitality market with significant growth potential.
  • TaxAnnualAmount 83246
  • TaxLegalDescription OCEAN BEACH FLA SUB PB 2-38 LOT 11 BLK 4 LOT SIZE SITE VALUE OR 19712-3852 0601 1 COC 25679-0580 05 2007 1

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Christopher Lazaro

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