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250 Collins is 27 fully renovated residences located at 250 Collins Avenue in the heart of South Beach. The property is currently operating as a Short-Term Rental facility with a short-term rental license in place under a management agreement with Sextant Brand. The management agreement has the option to be terminated upon a potential sale of the property. The property allows for multiple investment strategies including hotel, apts, STR rentals, condo-conversion and condo-hotel. The property recently completed a multi-year renovation which offers ultra high-end finishes including custom kitchens with quartz counters, high-end white lacquered cabinets and Miele appliance packages. Added into the redesign are a 3rd floor glass penthouse level and a 4th floor roof top pool and sun deck.
|2 weeks ago||Listing updated with changes from the MLS|
|3 weeks ago||Price changed to $24,000,000|
|3 months ago||Price changed to $27,000,000|
|5 months ago||Listing first seen online|