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For Sale
Listed on October 3, 2025

249 COLLINS AVE

$16,000,000
0 Beds
0 Baths
13,000 sqft
0 Parkings
Lot size:
13,000 sqft
Annual Tax:
$93,460
Occupancy:
-
Year Built:
-
Property type:
Other
#MLS:
A11889965

Description

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.
BHHS EWM Realty

Features & Details

Learn about the features and details of 249 COLLINS AVE

Property Details

  • Property Type
    Residential
  • Living Area
    -
  • Year Built
    Year Built
  • Lot Size
    13,000 sqft
  • Stories
    -
  • Annual Tax
    $93,460
  • List Date
    10/3/2025
  • Updated
    5/23/2026
  • Last Checked
    Recent
  • MLS Number
    #A11889965
  • Brokerage
    BHHS EWM Realty
  • Postal Code
    33139
  • Area
    Miami-Dade
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    Available
  • List Price
    $16,000,000
  • Unit Number
    -
  • Construction
    Construction
  • Heating
    Heating
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    No
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    No
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    None
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 249 COLLINS AVE

Real estate trends

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Explore Miami-Dade

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FAQs About 249 COLLINS AVE

There are bedrooms and bathrooms in this Other at 249 COLLINS AVE, MLS® A11889965.

Annual taxes for this home are $93,460 based on 2024 tax year reports.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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249 COLLINS AVE
249 COLLINS AVE