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16-Unit Apartment Building
For Sale
$6,975,000

852 Collins Ave, Miami Beach, FL 33139

Three-story apartment property with full occupancy and an existing lease to a luxury short-term rental operator.

Property Size7,600 SF
Price / SF$917.76
Days on Market151

Property Features for 852 Collins Ave

General Information

Standard status Active
Size 7,600 SF
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 16

Amenities

Prime South Beach location in the iconic Art Deco District
Fully occupied 16-unit boutique property
Turnkey fee-simple asset with no deferred maintenance
Steps from world-famous beaches, dining, and nightlife
Proximity to global travel gateways: PortMiami and MIA Airport
Ideal investment in Miami's resilient, high-growth multifamily market

Building Details

Stories 3
Units 16
Tenancy Single
Listing Agency: Miami Office
Listed By: Alex D. Zylberglait · License #FL: BK3015211
Source: Marcusmillichap
Added: Apr 3 Changed: Aug 29 Last Checked: Aug 29 at 5:55PM

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 Miami Office

Investment Insights

Based on property information with market context.

Located at 852 Collins Avenue in Miami Beach, this fee-simple apartment property contains 16 units across three stories and more than 7,600 square feet. The building is fully occupied and leased to Luxuri, a luxury short-term rental operator backed by Campau Capital Corporation.

The property is situated in Miami Beach’s Art Deco District, a tourism-oriented area that welcomed 28 million visitors in 2024, according to the Greater Miami Convention & Visitors Bureau. The existing lease and short-term rental operation provide an established operating framework for the apartment building.

Key Highlights

  • 16‑unit apartment property at 852 Collins Avenue
  • More than 7,600 square feet across three stories
  • Fully occupied with 100% leased units

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Nursing Home Veterinary Clinic Restaurant Adult Day Care

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

16
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,811
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?
Apartment building - Three-story apartment property with full occupancy and an existing lease to a luxury short-term rental operator.
Where is this apartment building located?
The property is located at 852 Collins Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $6,975,000.
What are key features of this property?
This property features: 16‑unit apartment property at 852 Collins Avenue; More than 7,600 square feet across three stories; Fully occupied with 100% leased units
More about this property
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