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1475 Collins Ave
0.28 Acres of Commercial Land Offered at $10,500,000 in Miami Beach, FL 33139
Investment Highlights
- One of the last remaining parcels for prime development opportunity in a mature business and residential district
Executive Summary
Call Tony Puente, CCIM 305.606.2097 at Fairchild Partners, Inc. Broker - Associate
TPuente@fairchildpartners.com
Property Facts
1 Lot Available
Lot
| Price | $10,500,000 | Lot Size | 0.28 AC |
| Price Per AC | $37,500,000 |
| Price | $10,500,000 |
| Price Per AC | $37,500,000 |
| Lot Size | 0.28 AC |
Corner lot with full signalization. 12,400 SF vacant land site, MXE-HP Zoning that allows for Commercial, Hotel, Office, Multifamily, Mixed Use, Parking Garage, Retail,. FAR of 2.0 with a building size of 24,500 SF approximately and a 50 ft Height.
Description
The site sits amongst some of the most recognizable national retailers, restaurants and hotels along Ocean Drive, Collins Avenue and Washington Ave. This is an incredible opportunity for an investor/developer to purchase one of the last remaining vacant undeveloped lots with over 100 feet of frontage on Collins Avenue. The adjacent neighboring restaurant tenants include Yuca 105, Havana 1957, Playa Cafe, Byblos, Chalan on the Beach, and many more. - Unique Development Site in the Miami Beach, Fl market - Minutes away from exceptional Hotel & Nightlife consisting of: Lowes Miami Beach, SLS South Beach, The Setai, Faena Hotel, Baoli. - Average rents in the area Corridor are over $100.00 / SF - Major Retailers & Restaurants nearby to include: Moxy Hotel, Armani Exchange, Vans, Snipes, Joe Stone Crab, Prime 112, Timeout Market Miami, - Close to the Art Deco district - Unparralled exposure to automotive and pedestrian traffic
PROPERTY TAXES
| Parcel Number | 02-3234-019-1230 | Improvements Assessment | $0 |
| Land Assessment | $6,200,000 | Total Assessment | $6,200,000 |
PROPERTY TAXES
zoning
| Zoning Code | MXE-HP |
| MXE-HP |
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1475 Collins Ave
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