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Two-Story Mixed-Use Building
For Sale
$6,800,000

721 Collins Ave, Miami Beach, FL 33139

Freestanding commercial property with MXE zoning, dual access, and flexible space for retail, hospitality, office, or experiential uses.

Property Size6,841 SF
Lot Size0.16 Acres
Price / SF$994.01
Days on Market155

Property Features for 721 Collins Ave

General Information

Standard status Active
Size 6,841 SF
Lot size 0.16 Acres
Property subtype Retail
Zoning MXE

Site & Location

Frontage 50 ft
Road Access Yes

Amenities

12-foot ceilings
two bathrooms
kitchenette
storage area

Building Details

Building Size 6,841 SF
Year Built 1999
Buildings 1
Stories 2
Listing Agency: Cervera Real Estate Inc.
Listed By: Maria Angelica Cruz · License #3488264
Source: Allyandaj
Added: Jun 4 Changed: Oct 31 Last Checked: Nov 4 at 10:07PM

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 Cervera Real Estate Inc.

Rey
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Investment Insights

Based on property information with market context.

This freestanding, two-story mixed-use commercial building contains approximately 6,841 SF on a 7,000 SF lot. The property includes two bathrooms, a kitchenette, storage space, 12-foot ceilings, and approximately 50 feet of frontage. Dual access is provided from Collins Avenue and Ocean Court, supporting the building’s commercial configuration.

Zoned MXE (Mixed-Use Entertainment), the property supports a broad range of concepts identified in the source information, including retail, restaurant, hospitality, office, gallery, wellness, and experiential uses. The building is located at 721 Collins Ave in Miami Beach’s South Beach area, steps from Ocean Drive and within a pedestrian-oriented commercial corridor. Constructed in 1999, it offers a combination of dedicated street frontage, multiple access points, and flexible mixed-use positioning.

Key Highlights

  • Approximately 6,841 SF on a 7,000 SF lot
  • MXE (Mixed‑Use Entertainment) zoning
  • Approximately 50 feet of frontage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Daycare Center Butcher Nursing Home (Bike/Boat/Book/etc) Store Veterinary Clinic Kitchen & Bath Showroom

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5,318
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Freestanding commercial property with MXE zoning, dual access, and flexible space for retail, hospitality, office, or experiential uses.
Where is this mixed-use property located?
The property is located at 721 Collins Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: Approximately 6,841 SF on a 7,000 SF lot; MXE (Mixed‑Use Entertainment) zoning; Approximately 50 feet of frontage
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