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$16,000,000
199 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: (305) 395-1288
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(305) 395-1288
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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. RPS-3 Zoning.
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Listing Snapshot
PriceÂ
$16,000,000
Days On SiteÂ
199 Days
BedroomsÂ
N/A
Inside Area (SqFt)Â
16,421 sqft
Total BathsÂ
N/A
Full BathsÂ
N/A
Partial BathsÂ
N/A
Lot SizeÂ
0.2984 Acres
Year BuiltÂ
1920
MLS® NumberÂ
A11893497
StatusÂ
Active
Property TaxÂ
$93,460
HOA/Condo/Coop FeesÂ
N/A
Sq Ft SourceÂ
N/A
Friends & Family
Recent Activity
| 7 months ago | Listing first seen on site | |
| 7 months ago | Listing updated with changes from the MLS® |
General Features
Lease TermÂ
Month To Month
LevelsÂ
Two
Number Of StoriesÂ
2
ParkingÂ
Other
Property Sub TypeÂ
Multi Family
SecurityÂ
Security Fence
SewerÂ
Public Sewer
SqFt TotalÂ
16421
StyleÂ
Detached
Water SourceÂ
Public
ZoningÂ
3003
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Exterior Features
Construction DetailsÂ
Stucco
RoofÂ
Built-Up
Community Features
Financing Terms AvailableÂ
CashConventional
MLS AreaÂ
42
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 © 2026, 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 © 2026, 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
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