321 Collins Ave Miami Beach, FL 33139

Building Details

Year Built

1937

Listing office Alchemy Real Estate Advisors

Listing date Mar 6, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

Greater Miami and Miami Beach saw over 28 million visitors in 2024, resulting in more than $21 billion in visitor spending. The property is situated in the South of Fifth neighborhood of Miami Beach, a residential area. This submarket has high barriers to entry due to zoning regulations, height restrictions, and limited hotel inventory, which constrains new hospitality development. South of Fifth attracts travelers seeking a boutique hospitality experience. The neighborhood's fundamentals are supported by luxury residential growth, high-end dining destinations, and capital inflows into the submarket. The property size is 8766 square feet.

Key Highlights

• Located in the prestigious South of Fifth (SoFi) neighborhood of Miami Beach.
• High barriers to entry for new hospitality development due to strict zoning and limited hotel inventory.
• Strong year‑round demand from both domestic and international visitors.

Property Analytics

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FAQs

What type of property is this?

Hospitality property - Located in the coveted South of Fifth neighborhood.

Where is this hospitality property located?

The property is located at 321 Collins Ave Miami Beach, FL.

What are key features of this property?

This property features: Located in the prestigious South of Fifth (SoFi) neighborhood of Miami Beach.; High barriers to entry for new hospitality development due to strict zoning and limited hotel inventory.; Strong year‑round demand from both domestic and international visitors.