2-story hotel located in Miami Beach near  60th St directly on Collins across the street from the Ocean. The hotel has been in business for over 50 years and runs as an independent extended stay hotel. Property has 66 rooms ranging from 250 sf and a CAFE, there is on site parking a lobby , terrace area and sundry store. This is on one of the most visible busiest corners, near shopping , Publix, Hilton hotel and multimillion dollar homes and Condos. This is a redevelopment deal and perfect to renovate into a flag hotel or boutique. Only $300,000 per key.