6080 COLLINS
HOTEL OPPORTUNITY @ MIAMI BEACH
Marketing description
Investment highlights
Offering Includes:
- Asking Price 39.9M
- 70 Fully Furnished Condo-Hotel Units
- 70 Dedicated Valet Parking Spaces with Storage
- Retail Space Leased to Starbucks + Office Tenant
- Fee Simple Land Ownership
- Prime Mid-Beach Location
Investment Highlights
A Rare, Turnkey Trophy Asset: This offering presents an exceptional opportunity to acquire 6080 Collins, a luxury six-story condo hotel in Miami Beach. The package includes 70 premium units, 70 parking spaces with storage, a Starbucks-leased retail space, and a fully occupied office suite, all situated on fee-simple land.
Established Brand Presence with National Tenancy: A key differentiator is the on-site Starbucks, operating under a ten-year licensing agreement, delivering immediate rental income and enhancing the asset’s profile. The office space offers an additional steady revenue stream from a professional tenant.
Irreplaceable Location: Positioned in the highly coveted Mid-Beach submarket on Collins Avenue, 6080 Collins benefits from zoning restrictions that severely limit future hotel development. This exclusivity enhances the property's long-term value and scarcity.
Contemporary Construction & Design: Completed in 2019, the hotel boasts modern architecture, elevated interior design, private terraces, and a variety of configurations. The building is in turnkey condition, requiring no major capital investment.
Strategic Access & Market Connectivity: Just 17 minutes from Downtown Miami and 20 minutes from Miami International Airport, the property enjoys unmatched accessibility, positioning it ideally for both leisure and business travelers.
Miami Beach Market Drivers
1. Global Tourism Destination: With over 27 million annual visitors, Miami Beach stands as one of the world’s premier tourist hubs, attracting affluent international travelers and hosting marquee events like Art Basel, F1 Race Week, Ultra Music Festival, and the Boat Show.
2. Supply-Constrained Market: Strict zoning laws and a scarcity of developable land significantly restrict new hotel construction. Existing properties in the Mid-Beach corridor, many with historic or architectural protections, limit redevelopment opportunities, bolstering the value of assets like 6080 Collins.
3. Demographic Tailwinds: An influx of high-net-worth residents from states like NY, CA, and IL has fueled demand for luxury and lifestyle offerings. Travelers increasingly seek boutique accommodations offering unique, experiential stays, a trend 6080 Collins is well-positioned to capture.
4. Appreciation Potential & Trophy Status: Boutique assets in high-demand, limited-supply locations are trading based on forward-looking valuation.
5. Long-Term Economic Strength: Miami’s continued emergence as a financial and tech hub “Wall Street of the South”, along with major infrastructure investments (convention center upgrades, transit improvements, flood resiliency projects) supports sustained economic growth and rising real estate values.
6080 Collins represents a rare opportunity to acquire a modern, cash-flowing, boutique hotel in one of the most supply-constrained and sought-after markets in the U.S. With multiple income streams, land ownership, and tremendous long-term upside, this offering is ideal for visionary investors looking to secure a trophy asset in the heart of Miami Beach.
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