The Keyes Company Acquires Hotel On Collins Avenue In Miami Beach For $26.5M | 1401 Collins Avenue | Tony Ulloa | Hotel | Sale

Summary

Sale

FLORIDA

Hotel

32,330 sqft

The property involved in this closed transaction is a hotel located at 1401 & 1411 Collins Avenue in Miami Beach. The hotel comprises 18 rooms and has a total square footage of 32,330. The sale price for this hotel was $26,500,000, while the asking price was $28,000,000. The price per square foot of the property is $820.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $26,500,000
Address: 1401 & 1411 Collins Avenue, Miami Beach
Market: Miami Beach
Broker: Tony Ulloa - The Keyes Company

Tony Ulloa from The Keyes Company represented the parties involved in this hotel sale transaction. The sale of this hotel showcases the involvement of key individuals and companies in the Miami Beach market.

Players

All
2

Agents
1
Agencies
1

Tony Ulloa

Owner

$44.5M Sold

The Keyes Company

Details

Deal Summary

SOLD

IMAGE: Tony Ulloa DATE: 02/02/2023 ADDRESS: 1401 & 1411 Collins Avenue MARKET: Miami Beach ASSET TYPE: Hotel BROKER: Tony Ulloa - The Keyes Company (@KeyesRealtors) ASKING PRICE: $28,000,000 SALE PRICE: $26,500,000 SF: 32,330 ~ PPSF: $820 ROOMS: 18

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Address1401 Collins Avenue

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