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Business Opportunity - for Sale

6979 COLLINS AVE, MIAMI BEACH, FL 33141

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Asking Price$30,000,000 Change Price$27,000,000

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Lot size 14150sqft
Taxes $99,911
Year Built 1936

Basics

Days on market:
15 day(s)
Original Price:
$3,000,000
Tax Legal Description:
11 53 42 NORMANDY BEACH SOUTH LOT 3 BLK 10 PB 21-54 & PORT LYING EAST & ADJACENT WEST OF EROSION LINE PER PB 105-62 LOT SIZE 50.000 X 283
Tax Year:
2022
MLS:
A11437310
Property Type:
Business Opportunity
Waterfront:
Yes

Features

Construction Type:
Cbs Construction
Special Listing Conditions:
Sale

Description

$30,000,000 • waterfront access

The only hotel on the ocean available in miami beach. possibility to build another 14,000sqft or to annex it with the adjacent property to build a luxury condo project with an far of 3.0. develop today, or stabilize and hold long term. total unit count with next door would be about 150. this is probably the last opportunity to own an oceanfront property in miami beach that makes sense as an income producing and/or development opportunity. pictures on the way.

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