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.?
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami Beach
- Zipcode:
- 33140
- Street:
- 2814 Collins Ave, Miami Beach, Florida 33140
- Longitude:
- W81° 52' 27.8''
- Latitude:
- N25° 48' 17.8''
- Building Area:
- 28,606 Sqft
- Cumulative DOM:
- 341
- DOM:
- 17
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash,Conventional,Cryptocurrency,Owner May Carry
- Parcel Number:
- 02-32-26-001-0940
- Structure Type:
- Retail, Hotel/motel
- Virtual Tour:
- Click Here
Commercial Sale For Sale
2814 Collins Ave, Miami Beach, Florida 33140, Miami Beach, Florida 33140
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $16,999,000
- Year Built :
- 1924
- Lot Area :
- 14,000 Sqft
- MLS # :
- A12011345
- Property Sub Type :
- Hotel/motel
