Mixed-Use Property with Development
For Sale
$16,000,000
249 Collins Ave, Miami Beach, FL 33139
Land, Miami Beach, FL
Property SizeContact for details
Lot Size0.30 Acres
Days on Market68
Property Features for 249 Collins Ave
General Information
Property type
Land
Property subtype
Other
Zoning description
3003
Subdivision
OCEAN BEACH FL SUB
Lot features
<1 Acre
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
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
BHHS EWM Realty
(305) 674-4000
Listed By:
Ben Brissi · License #3288847
(561) 870-2211
Added: Jun 18
Changed: Aug 19
Last Checked: Aug 24 at 2:06AM
MLS# A11889965
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 occupies a 0.2984-acre site assembled from 249 Collins Ave, 255 Collins Ave, and 247 Ocean Ct. Existing improvements include 15 apartments and 2 retail spaces, creating an operating component alongside the land and development opportunity. The property is served by public water and public sewer, with water available at the site.
A completed feasibility study supports a five-story concept with 26 residential units and 22,750 SF of buildable area without variances. The property carries RPS-3 zoning and is located in Miami Beach, Florida. The existing apartment and retail configuration provides current income-producing use while the documented development concept outlines a larger residential component.
A completed feasibility study supports a five-story concept with 26 residential units and 22,750 SF of buildable area without variances. The property carries RPS-3 zoning and is located in Miami Beach, Florida. The existing apartment and retail configuration provides current income-producing use while the documented development concept outlines a larger residential component.
Key Highlights
- 0.2984‑acre mixed‑use site assembled from 249 Collins Ave, 255 Collins Ave, and 247 Ocean Ct
- Existing improvements include 15 apartments and 2 retail spaces
- Feasibility study supports up to 5 stories and 26 residential units
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Income-producing improvements combine apartments and retail space with public water and sewer service.
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: 0.2984‑acre mixed‑use site assembled from 249 Collins Ave, 255 Collins Ave, and 247 Ocean Ct; Existing improvements include 15 apartments and 2 retail spaces; Feasibility study supports up to 5 stories and 26 residential units
