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Property profile & analytics
OFF-MARKET Estimated value $6,575,000
Outlet malls

800 Collins Ave Miami Beach, FL 33139-5808

10,026 SF 0.16 ac lot Built 1934
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-6054700
Property summary
AI-generated overview

This exceptional mixed-use property, located at the prominent corner of 8th Street and Collins Avenue in Miami Beach, Florida, presents a unique investment opportunity. Built in 1934, the building at 800 Collins Avenue boasts a prime location surrounded by high-end fashion brands, ensuring high visibility and foot traffic. The asking price is $7,900,000. Its versatile design allows for a variety of uses, including retail, office space, or a restaurant. The property's strategic position within the vibrant Miami Beach commercial district offers significant potential for growth and return on investment. The 33139 zip code places it in the heart of a thriving area known for its luxury shopping, dining, and tourism. This is a rare chance to acquire a piece of Miami Beach history with significant upside potential in a highly sought-after location. The building's classic architecture complements the modern energy of the surrounding area, creating a unique blend of old-world charm and contemporary appeal. Serious inquiries are encouraged to explore the possibilities this remarkable property offers. Further details are available upon request.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1934
Construction CONCRETE
Total area 10,026 SF
Lot 0.16 ac (7,000 SF)
Zoning code 6501:COMMERCIAL
APN 02-4203-004-0500
UPID US18-6054700
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.97M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.58M
Owner & transaction history
770 800 Collins Ave LLC · 4 yrs held
770 800 Collins Ave LLC
since 2021
Last sale
$6.2M
7 recorded transactions
2021
$6.2M
2021
$4.5M
2020
Price N/A
2012
Price N/A
2012
Price N/A
2011
$9.7M
1969
Price N/A
Zoning & alternative use
6501:COMMERCIAL · Miami Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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