2814 Collins Ave

Description

Faena District Hospitality Asset | 48 Units + 8,000 SF Retail | Reintroduced to Market2814 Collins Avenue presents a rare opportunity to acquire a partially completed, mixed-use hospitality asset in the heart of Miami Beachs Faena District.? Positioned on a prime Collins Avenue corner just steps from the ocean, the property sits directly across from The Miami Beach EDITION and is surrounded by some of the areas most significant luxury hospitality and residential developments.?The asset is configured for 48 hotel units along with three ground-floor retail spaces totaling over 8,000 square feet, offering a compelling combination of hospitality... Read more and income-producing frontage.? Substantial progress has already been made, the property has undergone substantial structural and exterior improvements, allowing a new owner to step directly into the final phase of design and completion.?Ownership is reintroducing the asset to the market with repositioned pricing and a direct alignment with todays market conditions.? This creates a compelling opportunity for investors and operators to acquire a well-located Miami Beach asset at a basis that is increasingly difficult to replicate.?