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1435 Collins Ave
Miami Beach, FL 33139 Lummus Park

$16,000,000 USD

Hotel For Sale  •  15,297 SF

Property Details

  • Property Type Hotel
  • Total Building Size 15,297 SF
  • Lot Size 0.21 AC
  • Building Class B
  • Year Built 1935
  • Tenancy Single
  • Zoning MXE, Miami Beach
58 Transit Score
96 Walk Score

Description

Just steps from Ocean Drive and miles of white sand beach, in the heart of the South Beach Art Deco hotel district, this classic 40-room hotel reopened in 2018 after careful restoration and beautifully renovated to recapture the grandeur of the 1930’s Art Deco era while offering modern luxury finishes.  Renovations include new plumbing and electrical system, elevator, HVAC, fire sprinkler system, security cameras, and impact windows and doors throughout. The property offers a spacious outdoor seating area and ground floor retail space. Mixed-use entertainment (MXE) zoning allows for hotel, retail, and more in a world-class destination. The property is offered fee simple and unencumbered by brand and management, affording a new owner maximum flexibility.  The building has been recertified until 2027.

Highlights

Renovated 40-room hotel with ground floor retail
New plumbing, electrical, elevator, and HVAC
Impact windows and doors throughout
New fire sprinkler system and security cameras
Steps from Ocean Drive and miles of white sand beach
The building has been recertified until 2025

Major Tenants

Tenant SF Occupied Lease End Date
Monitor My Tickets LLC

Amenities

  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
13 min - 5.7 mi
Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 14 min - 5.8 mi
AirportDriveWalkDistance
Miami International 31 min - 15.9 mi
Fort Lauderdale/Hollywood International 43 min - 27.6 mi
Susan Gale 305-695-4253 One Sotheby's International
Susan Gale 305-695-4253 One Sotheby's International