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3010 Collins Ave
Miami, FL 33140
Red South Beach Hotel · Hospitality Property For Sale
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109 Rooms
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 43,602 SF |
| Property Subtype | Hotel | No. Rooms | 109 |
| Building Class | A | No. Stories | 7 |
| Lot Size | 0.28 AC | Year Built/Renovated | 1939/2025 |
| Construction Status | Under Renovation | Corridor | Interior |
| Zoning | RM-2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | A |
| Lot Size | 0.28 AC |
| Construction Status | Under Renovation |
| Building Size | 43,602 SF |
| No. Rooms | 109 |
| No. Stories | 7 |
| Year Built/Renovated | 1939/2025 |
| Corridor | Interior |
| Zoning | RM-2 |
AMENITIES
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
ABOUT 3010 COLLINS AVE , MIAMI, FL 33140
Property Description Since opening in 1939, the 109 unit hotel has been a landmark property on the beach. The Property is ideally located on a corner lot on Collins Avenue with easy access to all things Miami Beach including nightlife, shopping, entertainment, and miles of pristine beaches. The location alone makes it a perfect choice for transient, group, and business travelers from all over the world. Room types include a healthy mix of king, queen, double, and suites. The Hotel was completely renovated in 2009 with additional work completed in 2015. Renovations included all new plumbing, electrical, fire and safety systems, roof, pool, and much more. Value Add The food and beverage operations are currently leased on a month to month basis allowing immediate termination. Significant value can be found in a more established property and revenue management systems Marketing for the hotel is limited and OTA is the primary source of reservations. A stronger digital presence and marketing campaign would greatly increase revenues and decrease rooms expenses. Increase in resort fee
PROPERTY TAXES
| Parcel Number | 02-3226-001-1200 | Improvements Assessment | $43,652 |
| Land Assessment | $3,000,000 | Total Assessment | $3,043,652 |
PROPERTY TAXES
