Ad #6714466
MLS #A11893497
Ultra Rare South of Fifth development opportunity. This 13,000
249 Collins Ave, Miami Beach, FL 33139
$16,000,000
--Beds
--Baths
--Sqft
0.3Acres
About this property
Ultra Rare South of Fifth development opportunity. This 13,000 SF lot includes 249 Collins Ave, 255 Collins Ave & 247 Ocean Ct. Existing improvements feature 15 apartments + 2 retail spaces producing $467,900 gross annually with rents well below market. A development feasibility study confirms the potential to build up to 5 stories with 26 residential units and 22,750 SF of buildable area without variances. Potential to increase this even more by taking advantage of the Live Local Act or other state, county, & city development bonuses. Exceptional chance to create a new project in Miami Beach's most coveted neighborhood, blending immediate income with prime development upside. RPS-3 Zoning.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1920
0.3 Acres
2 Stories
Siding: Stucco
Built-Up Roof
$93,460 / yr property tax
Miami-Dade County
Additional Photos
Contact Information
Ben Brissi
BHHS EWM Realty
561-870-2211
Location
Listing Agent: Ben Brissi (License #: 3288847) 561-870-2211
Broker: BHHS EWM Realty 305-960-2587 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: BHHS EWM Realty 305-960-2587 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$16,000,000
--
Beds
--
Baths
--
Sqft
249 Collins Ave, Miami Beach, FL 33139
By contacting this agent you agree to these Terms and Conditions.
MLS# A11893497
Ultra Rare South of Fifth development opportunity. This 13,000
$16,000,000
249 Collins Ave, Miami Beach, FL 33139
--
Beds
--
Baths
--
Sqft
0.3
Acres
$16,000,000
249 Collins Ave, Miami Beach, FL 33139
-- Beds
-- Baths
-- Sqft
0.3 Acres
Ultra Rare South of Fifth development opportunity. This 13,000 SF lot includes 249 Collins Ave, 255 Collins Ave & 247 Ocean Ct. Existing improvements feature 15 apartments + 2 retail spaces producing $467,900 gross annually with rents well below market. A development feasibility study confirms the potential to build up to 5 stories with 26 residential units and 22,750 SF of buildable area without variances. Potential to increase this even more by taking advantage of the Live Local Act or other state, county, & city development bonuses. Exceptional chance to create a new project in Miami Beach's most coveted neighborhood, blending immediate income with prime development upside. RPS-3 Zoning.
305 days
on BeachHouse.com
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1920
0.3 Acres
2 Stories
EXTERIOR
Siding: Stucco
Built-Up Roof
FINANCIAL & COMMUNITY
$93,460 / yr property tax
Miami-Dade County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
6714466
Viewed
213 times
Listing Status
Active
Added
Oct 10, 2025
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Miami REALTORS®
Source Property ID
A11893497
Listing Agent: Ben Brissi (License #: 3288847) 561-870-2211
Broker: BHHS EWM Realty 305-960-2587 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: BHHS EWM Realty 305-960-2587 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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