2618 Collins Ave | Miami Beach, FL 33140
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- LoopNet Team
2618 Collins Ave
Miami Beach, FL 33140
Prince Michael Hotel · Multifamily Property For Sale · 107 Units
Investment Highlights
- Value-Add Redevelopment Project In Miami Beach's Epicenter of Upscale Tourism
- Originally Built by Roy France, father of Miami Modern Architecture
- Public Parking Next Door & Beach Access Straight Ahead
- Frontage on Collins + Indian Creek Dr.
- Entitled to Federal Historic Rehabilitation Tax Credits
- Currently Operating as a Multifamily at 95% Occupancy
PROPERTY FACTS
| No. Units | 107 | Lot Size | 0.59 AC |
| Property Type | Multifamily | Building Size | 67,135 SF |
| Property Subtype | Apartment | Average Occupancy | 90% |
| Apartment Style | Mid Rise | No. Stories | 5 |
| Building Class | C | Year Built | 1951 |
| No. Units | 107 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.59 AC |
| Building Size | 67,135 SF |
| Average Occupancy | 90% |
| No. Stories | 5 |
| Year Built | 1951 |
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
- Concierge
- Pool
- Property Manager on Site
- Wi-Fi
- Maintenance on site
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 107 | - | - |
PROPERTY TAXES
| Parcel Number | 02-3226-001-0760 | Improvements Assessment | $13,097,500 |
| Land Assessment | $6,392,500 | Total Assessment | $19,490,000 |
PROPERTY TAXES
Parcel Number
02-3226-001-0760
Land Assessment
$6,392,500
Improvements Assessment
$13,097,500
Total Assessment
$19,490,000
zoning
| Zoning Code | RM-2 |
| RM-2 |
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