249 Collins Ave, Miami Beach, FL, 33139
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$16,000,000
3 Days On Site
249 Collins AveMiami Beach, FL 33139
For Sale|Multi Family|Active
0
Beds
0
Total Baths
16,421
SqFt
$974
/SqFt
1920
Built
County:
Miami-Dade
Call Now: +1 (786) 603-3075
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+1 (786) 603-3075
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Monthly Payment (Est.)
$72,999Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
Ultra Rare South of Fifth development opportunity. This 13,000 SF lot includes 249 Collins Ave, 255 Collins Ave & 247 Ocean Ct. Existing improvements feature 15 apartments + 2 retail spaces producing $467,900 gross annually with rents well below market. A development feasibility study confirms the potential to build up to 5 stories with 26 residential units and 22,750 SF of buildable area without variances. Potential to increase this even more by taking advantage of the Live Local Act or other state, county, & city development bonuses. Exceptional chance to create a new project in Miami Beach's most coveted neighborhood, blending immediate income with prime development upside.
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Listing Snapshot
Price
$16,000,000
Days On Site
3 Days
Bedrooms
N/A
Inside Area (SqFt)
16,421 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
13,000 Acres
Year Built
1920
MLS® Number
A11893497
Status
Active
Property Tax
$93,460
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 4 days ago | Listing first seen on site | |
| 4 days ago | Listing updated with changes from the MLS® |
General Features
Lease Term
Month To Month
Levels
Two
Number Of Stories
2
Parking
Other
Property Sub Type
Multi Family
Security
Security Fence
Sewer
Public Sewer
SqFt Total
16421
Style
Detached
Water Source
Public
Zoning
3003
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Exterior Features
Construction Details
Stucco
Roof
Built-Up
Community Features
Financing Terms Available
CashConventional
MLS Area
32
Listing courtesy of BHHS EWM Realty
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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