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Active Hotel/Motel
$16,900,000 ↓ −$2,000,000 (10.6%)
205 Collins Ave, Miami Beach FL 33139, Miami Beach, FL 33139
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1923
Year Built

About This Property

Located in a world-class destination in Miami Beach's South of Fifth Neiborhood. This fully renovated trophy hotel is just steps across from one of the most beautiful beaches in the world, the iconic South Pointe Beach surrounded by the best restaurants in Miami and the Country. All 25 suites are equipped w/full kitchens, catering to longer-staying guests. There is currently a cafe in the lobby that can be expand to a 40-seat cafe/restaurant currently has a full liquor license + commercial kitchen. A phenomenal investment rarely available in SoFi, surrounded by 3 bodies of water. The Hotel is passing the 40-year re-certification fully remodeled. Airb&b approved and making money. The value of this Hotel is the Real Estate 25 apartment hotel units and its location.

Property Details

Property Type Hotel/Motel
Days on Market 301 days
HOA Fee None
Parking — spaces
Pool No
Waterfront Yes
Community
Pets Allowed

Assigned Schools

Verify with District ↗
School Grades Address Report Card
Miami Beach South Pointe Elementary
Elementary 305-531-5437
PK-5
1050 Fourth St., Miami Beach, FL 33139
Nautilus Middle
Middle 305-532-3481
6-8
4301 N Michigan Ave., Miami Beach, FL 33140
Miami Beach Senior High
High School 305-532-4515
9-12
2231 Prairie Ave., Miami Beach, FL 33139

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Comparable Sales

6 closed sales · 1-mile radius · last 12 months · Miami Beach

Est. Market Value
$35,369,658
Range: $27,500,000 – $36,000,000
Listed 52.2% below estimated market value — $18,469,658 under comps. Strong value.
Address
Closed
Price
Beds
Baths
Sqft
vs Ask
1535 W 27th St, Miami Beach FL 33140
SUNSET ISLANDS - ISLAND N · 2009
$29,300,000
Jan 9, 2026
$34,500,000
$2,404/sf
9
10
12,190
-15.1%
5785 Pine Tree Dr, Miami Beach FL 33140
BEACH VIEW SUB · 2023
$17,500,000
Nov 3, 2025
$22,500,000
$1,597/sf
8
8
10,955
-22.2%
43 Star Island Dr, Miami Beach FL 33139
CORRECTED PL OF STAR ISLA,STAR ISLAND · 1923
$36,000,000
Aug 21, 2025
$48,000,000
$3,242/sf
8
11
11,104
-25%
1525 W 24th St, Miami Beach FL 33140
SUNSET ISLANDS-ISLAND NO · 2005
$27,500,000
Apr 7, 2025
$29,000,000
$2,425/sf
7
10
11,340
-5.2%
5718/5725 N Bay Rd, Miami Beach FL 33140
LA GORCE GOLF SUB · 2022
$30,000,000
Oct 18, 2024
$38,950,000
$2,724/sf
11
15
11,012
-23%
4736 N Bay Rd, Miami Beach FL 33140
NAUTILUS SUB,North Bay Road · 2024
$72,250,000
Oct 11, 2024
$80,000,000
$5,756/sf
9
13
12,552
-9.7%
$29,650,000
Median Sale
$35,425,000
Trimmed Avg
$3,024/sf
Avg $/sqft
6 sales
Comps Found

Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.

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