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249 Collins Ave
Miami Beach FL 33139 US

$16,000,000

Active Listing ID A11893497
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Single Family Attached

$16,000,000

Active Listing ID A11893497
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249 Collins Ave 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Single Family Attached

Property

  • propertytype: Commercial Sale
  • propertysubtype: Single Family Attached
  • listprice: 16000000
  • unparsedaddress: 249 Collins Ave
  • postalcity: Miami Beach
  • stateorprovince: FL
  • country: US
  • postalcode: 33139
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Ben Brissi
  • listagentemail: ben@brissigroup.com
  • listagentkey: 3yd-MAORFL-3288847
  • listagentmlsid: 3288847
  • listagentpreferredphone: 5618702211
  • listagentofficephone: 3056744050
  • listofficekey: 3yd-MAORFL-EWM 06
  • listagentstatelicense: 3288847
  • listofficemlsid: EWM 06
  • disclaimer: Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1920
  • listagenturl: http://www.ewm.com
  • countyorparish: Miami-Dade
  • parcelnumber: 02-42-03-003-0420
  • constructionmaterials: Stucco
  • numberofunitstotal: 17
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Other
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"BHHS EWM Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ben@brissigroup.com", "ListBrokerageCity":"MIAMI", "ListBrokerageCountry":"US", "ListBrokerageEmail":"debra@ewm.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MAORFL/619b48b190e411e895190242ac110005/20201103223501257.png", "ListBrokerageName":"BHHS EWM Realty", "ListBrokeragePhone":"(305) 960-2587", "ListBrokeragePostalCode":"33134-5107", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"201 Alhambra Circle Suite 1060", "ListBrokerageWebsiteUrl":"http://www.ewm.com", "ListOfficeAddress1":"1691 Michigan Ave, Ste 105", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0235832A", "ListOfficeCity":"Miami Beach", "ListOfficeCountry":"US", "ListOfficeEmail":"shuffield@ewm.com", "ListOfficePostalCode":"33139", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi Family, Detached - Miami Beach, FL", "ListingURL":"https://listings.listhub.net/pages/MAORFL/A11893497/?channel=rexren", "MLSModificationTimestamp":"2025-10-10T18:00:49Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multi Family", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":93460, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/11/2025 2:11:40 AM GMT
Source Updated Date: 12/6/2025 6:55:43 PM GMT

Courtesy of: Ben Brissi, BHHS EWM Realty, ben@brissigroup.com

Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.