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249 Collins Ave Miami Beach, FL $ 16,000,000
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$ 16,000,000 Get more info
249 Collins Ave
$ 16,000,000
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249 Collins Ave

Miami Beach, FL, 33139
$ 16,000,000
Baths0.0

Monthly Estimate*

$ 99,819

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Studio

Lots and Land for sale in Miami Beach, FL

for $16,000,000. The lot size is 0.2984.

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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Lots and Land Active

Price

$ 16,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 93,460

Style

Lot Size

0.2984

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11889965
Features
General
Sewer Public Sewer
Utilities Electricity Available Sewer Available Trash Collection Water Available
Possession Closing & Funding
Property Subtype Residential
Tax Year 2024
Current Use Other
County Miami-Dade
Property Type Land
Subdivision Name OCEAN BEACH FL SUB
Status Active
City Miami Beach
Zoning Description 3003
MLS Area 42
Lot Size Units Square Feet
Lot Size Square Feet 13000
Listing Terms Cash Conventional
Tax Annual Amount 93460
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11889965
Standard Status Active
Property Sub Type Additional Residential
Legal Description OCEAN BEACH FL SUB PB 2-38 LOTS 14 & 15 BLK 3 LOT SIZE SITE VALUE OR 12960-3089 0686 1
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Interior
Total Baths 0
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Exterior
Lot Features <1 Acre
Water Source Public
Lot Size Area 13000
Lot Dimensions 102x129
Lot Size Acres 0.2984
Waterfront Y/N false
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Bhhs Ewm Realty

Broker

ben@brissigroup.com

Email

Affordability Calculator

$107,608
Per Month
93%
7%
0%
Monthly Principal & Interest
$99,819
Monthly Property Taxes
$7,788
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
10/22/2025 $16,000,000 Listed Price

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249 Collins Ave, Miami Beach, FL, 33139 is a Lots and Land for sale at $16,000,000 with a lot size of 0.2984. 249 Collins Ave is a studio with 0.0 baths. The property's zip code is 33139 which is in Miami Beach, FL

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