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249 Collins Ave Miami Beach FL 33139 MLS #A11893497

249 Collins Ave
Miami Beach, FL, 33139
$16,000,000
Beds
0 Baths
0 SqFt
0 Acres
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$16,000,000
249 Collins Ave
Miami Beach, FL, 33139
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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.

Property Details

Price:
$16,000,000
MLS #:
A11893497
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Oct 10, 2025
Total Sq Ft:
16,421
Year Built:
1920
Income Non-waterfront

Schools

Interior

Exterior

Construction Materials
Stucco
Parking Features
Other
Roof
Built-Up
Security Features
Security Fence

Financial

Tax Year
2024
Taxes
$93,460
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Albert Wilk

Albert Wilk

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Current real estate data for Commercial in Miami Beach as of Oct 21, 2025
157
Commercial Listed
251
Avg DOM
361
Avg $ / SqFt
$4,166,482
Avg List Price

Community

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Property Summary

    249 Collins Ave Miami Beach FL is a Commercial for sale in Miami Beach, FL, 33139. It is listed for $16,000,000
disclosure
Courtesy of BHHS EWM Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Wilk Real Estate LLC include the name of the listing broker. Neither the listing company nor Wilk Real Estate LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Miami, FL. All rights reserved.
Rover IDX
249 Collins Ave
Miami Beach, FL

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