604 Collins Ave, Miami Beach, FL 33139-6214
- Outlet malls
- 2,996 SF
- 0.16 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 604 Collins Ave
- Year built
- 1930
- Construction
- CONCRETE
- Lot size
- 0.16 lot acres
- Zone code
- 6501:COMMERCIAL
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 02-4203-004-0790
- APU
- 242030040790
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 30, 2024 | — | Mms 600 Collins LLC | Mms 600 Collins LLC | Intrafamily Transfer · related | — |
| Feb 9, 2022 | $6,500,000 | Mms 600 Collins LLC | 600 Collins LLC | Special Warranty Deed | — |
| Jan 16, 2014 | $6,875,000 | 600 Collins LLC | Hano Holdings LLC | Warranty Deed | $5M · Steven Star |
| Oct 7, 2013 | — | Hano Holdings LLC | Starr,rita | Quit Claim Deed · related | — |
| Jan 13, 2010 | — | Steven Starr | Starr,steven & Denise | Quit Claim Deed · related | — |
Description
This exceptional investment opportunity presents a chance to acquire a prime retail property located at 604 Collins Avenue in the vibrant heart of South Beach, Miami Beach, Florida. The property, built in 1930, is offered at an asking price of $13,770,000. This sale includes the property at 604 Collins Ave and also includes 215 6th Street. The property boasts a highly desirable location within a bustling commercial district, offering significant potential for high returns. Its prime location ensures excellent visibility and accessibility for businesses, attracting a large volume of foot traffic. The property's existing structure presents a solid foundation for a variety of retail ventures, and importantly, it already has pre-approval for new construction. This pre-approval significantly streamlines the development process, reducing potential delays and costs associated with obtaining necessary permits and approvals. The property's location in Miami-Dade County, Florida, with a zip code of 33139, places it within a thriving economic area known for its tourism and high-end retail market. The coordinates are 25.7757455 latitude and -80.1329627 longitude. This is a rare opportunity to acquire a strategically positioned retail property in one of Miami Beach's most sought-after locations, offering significant upside potential for savvy investors.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,500,000
- ML approach
- $6,500,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $6,975,000 Current use
- OFFICE BUILDING
- $7,505,000 Change: +8% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.133
- Latitude
- 25.7758
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
