Mixed-Use Development
For Sale
$16,000,000
249 Collins Ave, Miami Beach, FL 33139
Commercial Sale, Miami Beach, FL
Property SizeContact for details
Lot Size0.30 Acres
Days on Market80
Property Features for 249 Collins Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
3003
Subdivision
42
Standard status
Active
APN
02-42-03-003-0420
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
OCEAN BEACH FL SUB PB 2-38 LOTS 14 & 15 BLK 3 LOT SIZE SITE VALUE OR 12960-3089 0686 1
Tax Annual Amount
93460
Legal Description
OCEAN BEACH FL SUB PB 2-38 LOTS 14 & 15 BLK 3 LOT SIZE SITE VALUE OR 12960-3089 0686 1
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Number of units
17
Building materials
Stucco
Roof type
Built-Up
Architectural style
Other
Listing Agency:
BHHS EWM Realty
(305) 674-4000
Listed By:
Ben Brissi · License #3288847
(561) 870-2211
Added: Jun 18
Changed: Sep 2
Last Checked: Sep 5 at 3:06PM
MLS# A11893497
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property includes 15 apartments and 2 retail spaces across existing improvements on a 13,000-square-foot lot. Constructed in 1920, the property has stucco construction, a built-up roof, public water, and public sewer service.
A completed development feasibility study identifies a potential five-story project with 26 residential units and 22,750 square feet of buildable area without variances. The property is zoned RPS-3 and includes the parcels at 249 Collins Ave, 255 Collins Ave, and 247 Ocean Ct in Miami Beach.
A completed development feasibility study identifies a potential five-story project with 26 residential units and 22,750 square feet of buildable area without variances. The property is zoned RPS-3 and includes the parcels at 249 Collins Ave, 255 Collins Ave, and 247 Ocean Ct in Miami Beach.
Key Highlights
- 13,000‑square‑foot lot with existing mixed‑use improvements
- 15 apartments and 2 retail spaces currently in place
- Feasibility study identifies up to 5 stories and 26 residential units
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,940
Businesses Nearby
Explore this area
Business Placement
Demographics for 33139, FL
36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Existing improvements include apartment units and retail space within an established mixed-use configuration.
Where is this mixed-use property located?
The property is located at 249 Collins Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $16,000,000.
What are key features of this property?
This property features: 13,000‑square‑foot lot with existing mixed‑use improvements; 15 apartments and 2 retail spaces currently in place; Feasibility study identifies up to 5 stories and 26 residential units
