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2201 Collins Ave Unit #302, Miami Beach, FL 33139

$1,420,000
: 1
BA
: 490
SqFt

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List Price: $1,420,000
MLS#: A12105175
Complex Name: W Residences South Beach
Status: ACTIVE
Type: Condo
Full baths: 1
Living Area: 490

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Property Description

Exceptional investment opportunity at 2201 Collins Avenue, an iconic oceanfront address in the heart of Miami Beach. Formerly W South Beach, this landmark luxury property is preparing for its transformation into Waldorf Astoria, introducing an exciting new chapter of elevated hospitality and planned enhancements. This beautifully appointed residence offers partial ocean views from its private balcony and access to an exceptional collection of resort amenities, including direct beach access, swimming pools, spa, fitness facilities, and exclusive owners’ amenities. Already renovated and elegantly furnished, the residence offers flexibility for its next owner, including the opportunity to participate in the upcoming renovation program or retain its existing interiors, subject to applicable requirements. Owners also enjoy the flexibility to participate in the hotel rental program or engage an independent third-party operator, subject to applicable agreements and regulations. With an established income-generating history, an irreplaceable beachfront location, and the anticipated Waldorf Astoria transformation, this residence represents a distinctive opportunity for both lifestyle buyers and discerning investors.

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Additional Information

Days on Market: 10
Interior Features: Lobby, Built-in Features, Custom Mirrors, Elevator, Fire Sprinklers
Tax Amount: $17,624
Waterfront Description: Ocean Access, Ocean Front
Water Access: Unrestricted Salt Water Access
Parcel Number: 02-32-34-218-0160
Bedroom Description: Primary Bath Shower, Sitting Area - Primary Bedroom, Studio
Exterior Features: Open Balcony
Association Fee: $2236
Unit View: Garden View, Ocean View, Other View
Parking Restrictions: Covered, Guest, Valet
Unit Number: 302
SqFt Liv Area: 490
Amenities: Bar, Business Center, Cabana, Elevator(s), Exercise Room, Heated Pool, Other, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
Year Built: 2009
Style: Condo-Hotel, Condo
Restrictions: Daily Rentals Allowed, No Restrictions, Ok To Lease
Development Name: 2201 Collins Ave Condo
Middle School: Nautilus
Senior High School: Miami Beach
Construction Type: Stucco
Section: 34