249 Collins Ave, Miami Beach FL 33139 | Miami-Dade County | A11889965
- $16,000,000
- Residential
- Sq Ft
- $16,000,000
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. RPS-3 Zoning.
Property Overview
This property is listed at $16,000,000. The address is 249 Collins Ave, Miami Beach FL 33139, located in Miami-Dade County. The MLS number for this listing is A11889965. Specific details such as the number of beds and baths, square footage, and year built are not provided in the available data.
The property is situated in Miami Beach, a well-known area in Florida. The listing does not include information on amenities, HOA, parking, or pet policies. For more details, refer to the MLS number A11889965.
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Address
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Address: Collins Ave
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City: Miami Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33139
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Area: OCEAN BEACH FL SUB
Details
Updated on July 9, 2026 at 8:54 pm-
Property ID A11889965
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Price $16,000,000
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Land Area 0.2984 Sq Ft
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Type Residential
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Property Status Active, Commercial Land
Additional details
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Building OCEAN BEACH FL SUB
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Area Ocean Beach Fl Sub
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Annual Tax 93460
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Subdivision OCEAN BEACH FL SUB
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Structure Type Residential
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Tax Year 2024
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Flood Zone AE
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New Construction No
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Lot Size (Sq Ft) 13000
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