Price: $6,800,000
MLS Number: A10337421
Commercial / Investment - SOLD
321 Collins Ave, Miami Beach, Florida 33139 USA
Rare hospitality offering in prime South of Fifth enclave, one block from the ocean in South Beach. This stylish and warm, 8,766 SqFt, two-story, 26 room hostel includes all new flooring, upgraded en-suite bathrooms, on site laundry, over-sized lobby, common area kitchen, freshly painted exterior and recently completed 40 year re-certification. Operating as Jazz on South Beach Hostel, the property currently holds 196 beds with potential capacity to increase to 218 beds. Feasibility study done for 3rd floor addition & new owner can activate lobby with liquor license/ food and beverage. Steps to the best restaurants, nightlife, and retail; this property is central to the fashion, art, and culture that is Miami Beach.
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of One Sotheby's International Realty.
