Property profile

1220 Collins Ave Miami Beach, FL 33139

OFF-MARKET
Outlet malls
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Property ID
US19-0905843
20,232 SF 0.16 ac Built 1937
Last sale Feb 2026·$7,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional investment opportunity presents a 15,600-square-foot, three-story storefront located at 1220 Collins Avenue in Miami Beach, Florida. The property, built in 1939 and extensively renovated in 2009, boasts a prime location in the heart of South Beach, benefiting from high foot traffic. Currently 100% occupied by a single, globally recognized luxury retail tenant, The Webster, under an absolute NNN lease expiring March 31, 2035 (10.4 years remaining). The lease includes a 2%…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$145k
Tax billed · 2023
Assessed value$7.66M
Assessed land$3.50M
Assessed improvement$4.16M
Effective rate1.89%

Value estimate

· Nov 2026
$5.95M
$5.35M – $6.54M
AI approach$5.93M
CAP approach$5.27M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$2,328/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$688 – $4,555
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
6501:COMMERCIAL
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher8.9
Laundromat8.3
Veterinary Clinic7.4

Location

1220 Collins Ave Miami Beach, FL 33139-4607
County assessor Recorded deeds · 8 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
701 Lincoln, Miami Beach, FL 33139-2879 $15,000,000 Nov 2025 41,370 SF
318 Lincoln, Miami Beach, FL 33139-3103 $13,600,000 May 2024 21,675 SF
624 Collins, Miami Beach, FL 33139-6214 $6,000,000 Jul 2023 8,648 SF
509 Collins, Miami Beach, FL 33139 $35,250,000 Oct 2022 23,964 SF
1664 Alton, Miami Beach, FL 33139 $39,300,000 Jun 2022 24,145 SF
524 Jefferson, Miami Beach, FL 33139-6303 $9,400,000 May 2022 16,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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