Collins Avenue Beach House
Condo Hotel, Miami Beach, Units Start Under $300,000
June 16, 2015
About a week ago, I went to a party for my mother in law. The occasion was a milestone birthday. Louise turned 75. Surrounded by friends and family, it was heartwarming to see how much she is loved.
Last year I too celebrated a milestone birthday. I turned 50. And next month my wife Jackie will do the same (Please don’t tell her I told you.).
Last week I learned of plans to build a condo hotel in Miami Beach on infamous Collins Avenue, not more than five minutes from where I grew up. All of my youthful milestones like learning to ride a bike, graduating high school and eventually even getting engaged to Jackie occurred within minutes of this location.
Now, I’m happy to see this part of Miami Beach being revitalized and energized with new construction and luxury properties.
Read on for details about this boutique condo hotel coming soon to one of my favorite areas in South Florida.
Boutique Condo Hotel in Mid-Beach
6080 Collins Avenue Beach House will soon be built on one of the last vacant pieces of land in Mid-Beach. Where’s Mid-Beach? It’s set mid-way between trendy South Beach and ritzy Bal Harbour.
The property will be a 70-room condo hotel directly across from the beach. It will cost $30 million to develop and will feature Streamline Moderne architecture, a late style of Art Deco design.
High Style, Low Rise
At six-stories tall, 6080 Collins Avenue Beach House will be a low-rise building. There are three ground-level lanai units on the east side, and the rest of the condo hotel units begin on the third floor. The second floor is parking.
Building amenities include:
- Rooftop pool
- Rooftop fitness facility
- Water wall
- Jacuzzi hot tub
- Beautiful appointed lobby with secured entrance
- Ultra-fast Wi-Fi
Additionally, 6080 Collins Avenue Beach House will have hotel services including:
- 24-hour reception desk
- 24-hour security
- Valet parking
- Daily housekeeping
- Full-service concierge app
- Beachside services
- Professionally managed vacation rental program
The Condo Hotel Units
The individual condo hotel units at 6080 Collins Avenue Beach House will have thoughtfully designed floor plans, exquisite furnishings and the latest technology for home automation.
Other features include:
- 9 foot ceilings
- Floor-to-ceiling, energy-efficient windows
- Deep private balconies with glass balcony railings
- Corner units have wrap-around terraces
- Designer furnishings
- Superior fixtures & finishings include: Exquisite detailing, Porcelain wood tiles, Modern kitchens with designer cabinetry, Quartz countertops, High-end Bosch and GE kitchen appliances, In-suite laundry, Nespresso machines
- Electronics & gadgets: 42-47” LED Smart TV, iPad 3 with music and concierge applications, Apple TV, 3rd Generation
- Bike rack and storage
Mid-Beach Is Hot
Roughly spanning Collins Avenue from 23rd Street to 63rd Street, Mid-Beach, where 6080 Collins Avenue Beach House is to be located, is a quiet escape from the Ocean Drive crowds but close to all of Miami Beach’s and Miami’s main attractions.
The past 18 months have seen a flurry of new hotels, restaurants and lounges come to Mid-Beach, making it Miami Beach’s new hotspot.
The community has sandy beaches, green parks, golf courses, marinas, restaurants and retail shops.
Within 10-15 minutes in any direction, you can reach the action on South Beach and the convention center, the upscale Shoppes of Bal Harbour and Lincoln Road, downtown Miami, the New World Symphony, the Port of Miami and the Miami International Airport.
Optional Condo Hotel Rental Program
Owners at this property will have an opportunity to participate in a professionally-managed rental program. One-bedrooms will likely rent for between $160 and $350 per night, depending on the season.
If you choose to place your unit in the rental program, you will be restricted to 30 days usage per year, with no more than seven days in a row of occupation, but electing to place your unit into the program is entirely optional.
The hotel will be managed by Eskape Collection, experts in the hotel and serviced apartment sector and with several other Miami Beach hotels under its operation.
Construction Schedule & Pricing
Construction is expected to begin toward the end of this summer with an approximate 10-month period to complete construction. The condo hotel should be open by the third quarter of 2016.
The fully furnished units will be studios, one-bedrooms, and one-bedroom corner units. They’ll range in size from 365 square feet to 553 square feet. They range in price from $262,600 to $402,850 and can be reserved now with a 10% deposit.
Let me add that this is the first new condo hotel to be offered on Miami Beach since 1 Hotel and Homes back in January 2014. And those unit prices started north of $1 million!
So if you’ve wanted to buy a condo hotel in Miami Beach for some time, and especially if your budget is under a million, this could be your best opportunity. I encourage you to move quickly though, as with only 70 units, this condo hotel is likely to sell out fast.
Want to know more? I’ve got all the details in my data sheet, which you can request at the link below.
Celebrating the Milestones
As I mentioned at the top, next month I’ll be celebrating my wife’s 50th birthday, mine having already passed. We’ve got plans to go to a quaint bed and breakfast up in the Palm Beaches.
Milestones can make one introspective, wondering if you’ve achieved what you wanted and are at a good place in your personal life. Allow me to take a second to say I feel truly blessed to have such a wonderful wife, our sweet twin daughters Haley and Lindsay, and our loving extended family.
Lastly, I appreciate you for taking the time to read my Property Alerts and maybe even laugh at my occasional jokes. If there’s anything I can do to assist you in finding a condo or condo hotel unit in South Florida, I hope you’ll give me a call. It would be my pleasure to assist you.
Have a great day!
Licensed Real Estate Broker
Condo Hotel Center
1368 NW 165th Ave.
Pembroke Pines, FL 33028
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Although Condo Hotel Center believes the information contained in this data sheet to be accurate and complete, Condo Hotel Center can make no such guarantee. All features and descriptions are subject to change.
Please speak with your personal legal and financial advisors to determine whether this property is suitable for your objectives.