6080 Collins Ave - Hospitality FOR SALE


Miami Beach, FL 33140
$27,000,000 USD
786-393-8609
6080 Collins Ave, Miami Beach, FL for Sale
$27,000,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

6080 Collins Ave
Miami Beach, FL 33140


HIGHLIGHTS

  • 34 Hotel Condos for Sale
  • 61 Parking Spaces available
  • Retail Space leased to Starbucks
  • Office Space
  • 70-Key Management

OVERVIEW

The Sixty80 Design Hotel in Miami Beach presents a compelling investment opportunity. With its 70 luxurious rooms spread across six stories, this condo hotel offers a unique blend of ownership options. This offer is to acquire 34 hotel units + 61 parking spaces & storage, plus retail space leased to Starbucks and an office. The Management Program covers both aspects of the property, ensuring a streamlined operation for investors. (We are potentially selling the entire property, currently working with condo owners to be able to offer the entire 70-keys hotel). One of the standout features is the inclusion of in-house Starbucks store, providing a recognizable brand presence and potentially enhancing revenue streams. The ten-year licensing agreement adds stability to this aspect of the investment. Additionally, ownership of the underlying land adds intrinsic value and control over the property's long-term development potential. The dedicated parking space further enhances convenience for guests, adding to the overall appeal of the investment. The variety of accommodations, from suites to penthouses, caters to diverse guest preferences, while the captivating interior design and private terraces offer a luxurious experience. Situated in a premium location with limited hotel development opportunities permitted in the area, the Sixty80 Design Hotel stands out as an exceptional investment choice in the vibrant city of Miami Beach.

FOR SALE DETAILS

PRICE

$27,000,000 USD

PRICE/SF

$387 USD /SF

# OF ROOMS

70

PRICE/ROOM

$385,714 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6080 Design Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

6

ROOM ENTRANCE

Interior

BUILDING CLASS

A

YEAR BUILT

2019

PARKING SPACES

61

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,313 SF

ZONING

R2

APN/PARCEL ID

02-3211-099-0001

ASK ABOUT THIS PROPERTY

Pablo HobermanUrbis Real EstateMore Info
786-393-8609

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Pablo HobermanUrbis Real EstateMore Info
786-393-8609

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.