Blanc Kara Hotel 205 Collins Ave, Miami Beach, FL 33139

$17,500,000
$17,500,000

Overview

Nestled in the heart of Miami Beach’s exclusive South of Fifth neighborhood, this exquisite hotel stands as a beacon of luxury and sophistication. Boasting a prime location just moments away from the renowned South Pointe Beach and the vibrant energy of Ocean Drive, it offers guests a truly unparalleled experience.

Each of the 25 meticulously renovated suites exudes elegance and charm, featuring full kitchens to accommodate extended stays and cater to the needs of discerning travelers. With very limited hotels permitted in this coveted area, this property presents a rare and extraordinary opportunity for investment.

The hotel’s 22-seat restaurant and bar, complete with a 4COP liquor license and commercial kitchen, provides a culinary experience like no other. Designed by the esteemed architect Delacroix Friant, the property seamlessly blends the grandeur of yesteryears with contemporary comforts, creating an atmosphere of refined relaxation for adult-only sun-seekers.

Surrounded by the breathtaking beauty of three bodies of water, a sprawling 17-acre park, and an array of ultra-luxury condominiums, this hotel is truly at the epicenter of Miami’s vibrant cultural scene. Its exceptional reputation is reflected in its top ratings on TripAdvisor, solidifying its status as a premier destination for discerning travelers seeking the ultimate in luxury and hospitality.

This is an unparalleled opportunity to own a piece of Miami Beach’s most coveted enclave, offering a lifestyle of unparalleled luxury and sophistication. Don’t miss your chance to become a part of this extraordinary legacy.

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Details

  • Property ID:
    30132537
  • Building area (sqft)::
    15457 sqft
  • Rooms:
    25
  • Baths:
    625
  • Price ($):
    $17,500,000
  • Year built:
    1923
  • Cap Rate:
    5%
  • Portfolio: 25 units