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1238 Collins Ave
Miami Beach, FL 33139

Impala and La Flora Hotels · Property For Lease · 9,603 SF

HIGHLIGHTS

  • Two adjacent, renovated South Beach Hotels on Collins Ave
  • One block from Ocean Drive and the beach
  • 48-room hotel package for lease including liquor license
  • $75,000 per month triple net

ABOUT THE PROPERTY

Unique opportunity to lease and operate two adjacent, renovated South Beach Hotels – stunning trophy Mediterranean Gem, the Hotel Impala featuring the award-winning Spiga restaurant, and the classic Art Deco Hotel La Flora with a lobby bar/café and 4COP liquor license. Located on high traffic Collins Avenue (A1A), one block from Ocean Drive and the beach in the heart of the South Beach hotel district, the hotels currently offer a total of 48 keys, although licensed for 62 keys. Hotel Impala: • Exquisite 17-room Mediterranean Gem • 2-story hotel with 14 guestrooms and 3 spacious suites • Lushly landscaped courtyard sitting area • Home of award-winning Spiga Restaurant • Central air, security cameras, and onsite laundry Hotel La Flora • 31-room Art Deco Hotel with lobby bar/café and liquor license • Mix of guestrooms and spacious suites • Possible to increase room count to original 45 rooms • 3-story hotel with elevator and classic Art Deco features • Central air, security cameras, and onsite laundry

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Size 9,603 SF
Year Built/Renovated 1931/2018

FEATURES AND AMENITIES

  • Balcony
  • High Speed Internet Access
  • Patio
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Smoke-Free
  • Listing ID: 20103590

  • Date on Market: 6/30/2020

  • Last Updated:

  • Address: 1238 Collins Ave, Miami Beach, FL 33139

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