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- LoopNet Team
1357 Collins Ave
Miami Beach, FL 33139
Prime South Beach Development Site · Land For Sale
·
0.16 AC
INVESTMENT HIGHLIGHTS
- Rare development opportunity on Collins Avenue in the heart of Miami Beach
- Walking distance to world-famous Miami Beach and Lummus Park
- Proximity to attractions such as Lincoln Road, the Miami Beach Convention Center, the Beach, and South Pointe Pier
- Tremendous vehicle and foot traffic
- Mixed Use Entertainment zoning provides various development opportunities such as multifamily, hotel, retail, and mixed-use
- Frontage on Collins Avenue, one of the most attractive thoroughfares in Miami
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.16 AC |
| Property Subtype | Residential | ||
| Zoning | MXE | ||
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.16 AC |
| Zoning | MXE |
DESCRIPTION
We are pleased to present this unique opportunity to potentially purchase 1357 Collins Ave, a 15-unit condominium building located on the high-traffic corner of 14th Street and Collins Ave in the heart of Miami Beach. Located only 1/2 block from the ocean and directly across from Walgreens, the property features an approximately 14,000 square foot building on a 7,000 square foot corner lot. The site is zoned mixed-use entertainment (MXE) and is one of the very few corner properties on Collins Avenue with a non-contributing historic building, providing a prospective buyer with the rare chance to potentially redevelop the property into a higher and better use through new construction development or renovation of the existing structure. There is no on-site parking requirement, allowing a buyer to capitalize on historically strong ground floor retail rental rates and outstanding hotel and short-term rental demand.
