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Furnished Short-Term Rental Property
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250 Collins Ave, Miami Beach, FL 33139

Licensed short-term rental asset with renovated interiors, elevator service, and a rooftop pool and terrace.

Property SizeContact for details
Lot Size0.30 Acres
Days on Market142

Property Features for 250 Collins Ave

General Information

Standard status Active
Net Rentable 22,844 SF
Elevators Yes
Lot size 0.30 Acres
Property subtype Hospitality

Additional Details

Furnished Yes
Multifamily Units 27

Amenities

rooftop pool/terrace

Building Details

Year Built 1959
Year Renovated 2017
Buildings 2
Stories 3
Construction Art Deco
Listing Agency: Porosoff Group
Listed By: Arthur Porosoff · License #3160379
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:06AM

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 Porosoff Group

Investment Insights

Based on property information with market context.

This licensed short-term rental property includes 27 fully furnished units with a combined 41 bedrooms across two buildings. The improvements provide 22,844 square feet of rentable space on a 13,000-square-foot lot. Originally constructed in 1959, the property received a full gut rehabilitation in 2017 along with 6,500 square feet of additional construction. Renovations added an elevator, a third-floor penthouse level, and a fourth-floor rooftop pool and terrace. Both buildings are three stories and retain their historic Art Deco façades.

The property is located at 250 Collins Ave in Miami Beach's South of Fifth District, two blocks from the Atlantic Ocean, Ocean Drive, South Point Park, and high-end dining and retail establishments. The current operating arrangement may continue with Roami, formerly Sextant, or be transitioned to new management. The property information also identifies potential future paths including furnished rental use or conversion to a condo-hotel product.

Key Highlights

  • 27 fully furnished units with 41 total bedrooms
  • 22,844 square feet of rentable space on a 13,000‑square‑foot lot
  • Full gut rehabilitation and 6,500 square feet of new construction completed in 2017

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Furniture & Home Goods Kitchen & Bath Showroom Butcher Daycare Center Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27
Residential units

Location Intelligence

Trade Area within ½ mile

3,958
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Licensed short-term rental asset with renovated interiors, elevator service, and a rooftop pool and terrace.
Where is this short term rental property located?
The property is located at 250 Collins Ave Miami Beach, FL.
What are key features of this property?
This property features: 27 fully furnished units with 41 total bedrooms; 22,844 square feet of rentable space on a 13,000‑square‑foot lot; Full gut rehabilitation and 6,500 square feet of new construction completed in 2017
(305) 209-8866 Call to check price and availability
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