€12,289,673
Commercial, 1 421 m²
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MERCURY GROUP , Mercury Group
Florida, Miami-Dade County, Miami Beach, Collins Ave
Commercial
Area: 1,421 m²
Ref No: USA-FL-2-60701
Just steps from ocean drive and in the heart of south beach, 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, currently leased on a month-to-month basis. 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 2025.
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MERCURY GROUP , Mercury Group