1550 Collins Ave | Miami Beach, FL 33139
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- LoopNet Team
1550 Collins Ave
Miami Beach, FL 33139
Tropics Hotel and Hostel · Hospitality Property For Sale · 30,075 SF
Investment Highlights
- 70-room hotel with large lobby, swimming pool and lounge area
- Located across from the beach, steps to Lincoln Road and Ocean Drive
- Ready for redevelopment - zoning allows up to 44,400 SF
- 3-story building with elevator, communal kitchen and laundry
- The building has been recertified until 2031
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1941 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.51 AC | Parking Ratio | 0.09/1,000 SF |
| Building Size | 30,075 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 30,075 SF |
| No. Stories | 3 |
| Year Built | 1941 |
| Tenancy | Single |
| Parking Ratio | 0.09/1,000 SF |
| Corridor | Interior |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 02-3234-019-1080 | Improvements Assessment | $1,864,687 |
| Land Assessment | $6,052,053 | Total Assessment | $7,916,739 |
PROPERTY TAXES
Parcel Number
02-3234-019-1080
Land Assessment
$6,052,053
Improvements Assessment
$1,864,687
Total Assessment
$7,916,739
zoning
| Zoning Code | MXE (Ready for redevelopment - zoning allows up to 44,400 SF MXE- Mixed Use Entertainment FAR – 2.0 Maximum Height – 50 feet) |
| MXE (Ready for redevelopment - zoning allows up to 44,400 SF MXE- Mixed Use Entertainment FAR – 2.0 Maximum Height – 50 feet) |
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