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Miami Beach Hospitality Opportunity
For Sale
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Pending

321 Collins Ave, Miami Beach, FL 33139

Located in the coveted South of Fifth neighborhood.

Property Size8,766 SF
Days on Market178

Property Features for 321 Collins Ave

General Information

Standard status Pending
Size 8,766 SF
Property subtype Hospitality

Building Details

Year Built 1937
Year Renovated 2022
Buildings 1
Stories 2
Listing Agency: Alchemy Real Estate Advisors
Listed By: Michael Hebbeln · License #S73767000
Source: Crexi
Added: Mar 6 Changed: Aug 24 Last Checked: Aug 28 at 6:18PM

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 Alchemy Real Estate Advisors

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

Current Use

Hospitality properties

Suggested Use

Top Pick Furniture & Home Goods Kitchen & Bath Showroom Auto Parts Store Butcher Nursing Home Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

3,940
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

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.
More about this property
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