Dotoli Group
Login Register
info@dotoligroup.com +1-954-466-3706
Contact
  • Share

249 Collins Ave, Miami Beach, Florida 33139

View All Pictures View All
Map Section Map
Active For Sale
$16,000,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 9 in 29 days

Description

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.

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami Beach
  • Subdivision: OCEAN BEACH FL SUB
  • Zipcode: 33139
  • Street: Collins Ave
  • Street Number: 249
  • Floor Number: 0
  • Longitude: W81° 51' 59.7''
  • Latitude: N25° 46' 18.4''
  • MLS Area: 32

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Insurance Expense: $0
  • Listing Terms: Cash, Conventional
  • Lot Features: <1 Acre
  • Lot Size Dimensions: 102x129
  • New Taxes Expense: $0
  • Tax Annual Amount: $93,460
  • Tax Year: 2024
  • Utilities: Electricity Available, Sewer Available, Trash Collection, Water Available

Location

Listing Updated: 2025-10-19 11:36:51

  • Property Type : Land
  • Property Sub Type : Residential
  • Listing Type : For Sale
  • Listing ID : A11889965
  • Price : $16,000,000
  • View : Pool
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 0
  • Lot Area : 0.30 Acre
  • Listing Status : Active
  • Days On Market : 29
Contact Agent
Required
Required
Required
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and ettmail, about your inquiry and other home-related matters, but not as a condition of any purchase.

Similar Land