Apartment Building with Historic
For Sale
Contact for pricing
221 Collins Ave, Miami Beach, FL 33139
Historically protected short-term rental and multi-purpose license allows operation as an apartment building or boutique hotel.
Property SizeContact for details
Days on Market124
Property Features for 221 Collins Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Business Included
Yes
Listing Agency:
Beacon Hill Property Group
(305) 798-2223
Listed By:
Matthew Martinez · License #FL BK3197661
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 7:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beacon Hill Property Group
Investment Insights
Based on property information with market context.
This apartment building is offered with a historically protected short-term rental / multi-purpose license that has been held for the past 100 years. The license supports operating the property as an apartment building, a short-term rental, or a boutique hotel.
The property is located in the South of 5th (SOFI) enclave in Miami Beach, with the beach approximately one block to the east. The surrounding area includes well-known dining options such as Big Pink, Prime 112, Stubborn Seed, Carbone, Joe’s Stone Crab, Fogo de Chao, Pura Vida, and Call Me Gaby.
Per public remarks, the City of Miami Beach no longer allows new transient licenses, creating a significant barrier of entry for new competition, and the Collinaire license is described as highly limited and coveted.
The property is located in the South of 5th (SOFI) enclave in Miami Beach, with the beach approximately one block to the east. The surrounding area includes well-known dining options such as Big Pink, Prime 112, Stubborn Seed, Carbone, Joe’s Stone Crab, Fogo de Chao, Pura Vida, and Call Me Gaby.
Per public remarks, the City of Miami Beach no longer allows new transient licenses, creating a significant barrier of entry for new competition, and the Collinaire license is described as highly limited and coveted.
Key Highlights
- Historically protected Short‑Term Rental / multi‑purpose license
- License supports operation as an apartment building, short‑term rental, or boutique hotel
- City of Miami Beach no longer allows new transient licenses, creating a limited‑competition barrier
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
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?
Short term rental property - Historically protected short-term rental and multi-purpose license allows operation as an apartment building or boutique hotel.
Where is this short term rental property located?
The property is located at 221 Collins Ave Miami Beach, FL.
What are key features of this property?
This property features: Historically protected Short‑Term Rental / multi‑purpose license; License supports operation as an apartment building, short‑term rental, or boutique hotel; City of Miami Beach no longer allows new transient licenses, creating a limited‑competition barrier
