- MLS® #: A11893497
- 249 Collins Ave
- Miami Beach, FL 33139
- $16,000,000
- Business
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.
View Virtual TourEssential Information
- MLS® #A11893497
- Price$16,000,000
- CAD Dollar$22,457,536
- UK Pound£12,070,912
- Euro€13,790,560
- Bathrooms0.00
- Acres0.00
- Year Built1920
- TypeBusiness
- Sub-TypeMulti Family
- StyleDetached
- StatusActive
Community Information
- Address249 Collins Ave
- Area42
- CityMiami Beach
- CountyMiami-Dade
- StateFL
- Zip Code33139
Amenities
- ParkingOther
Interior
- # of Stories2
- StoriesTwo
Exterior
- RoofBuilt-Up
- ConstructionStucco
- Office: Bhhs Ewm Realty
Property Location
249 Collins Ave on www.jupiteroceanfronthomes.us
Offered at the current list price of $16,000,000, this home for sale at 249 Collins Ave features 0 bedrooms and 0 bathrooms. This real estate listing is located in of Miami Beach, FL 33139 . 249 Collins Ave is listed under the MLS ID of A11893497 and has been on the Miami Beach real estate market for 25 days.Facts About Miami Beach, FL
Over the past 20 years, no American beach has generated as much buzz as the one that hugs Ocean Drive in Miami Beach. Fringed with palms, backed by Art Deco architecture and pulsating with urban energy, South Beach is the place to stretch out.
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