There are multiple listings for this address:
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 Details
Price:
$16,000,000
MLS #:
A11889965
Status:
Active
Beds:
0
Baths:
0
Address:
249 Collins Ave
Type:
Single Family
Subtype:
Residential
Subdivision:
OCEAN BEACH FL SUB
Neighborhood:
oceanbeachflsub
City:
Miami Beach
Listed Date:
Oct 3, 2025
State:
FL
Total Sq Ft:
16,421
ZIP:
33139
Lot Size:
13,000 sqft / 0.30 acres (approx)
Year Built:
1920
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$93,460
Map
Community
- Address249 Collins Ave Miami Beach FL
- SubdivisionOCEAN BEACH FL SUB
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
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249 Collins Ave
Miami Beach, FL
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 Details
Price:
$16,000,000
MLS #:
A11893497
Status:
Active
Beds:
0
Baths:
0
Address:
249 Collins Ave
Type:
Commercial
Subtype:
Residential
Subdivision:
OCEAN BEACH FL SUB
Neighborhood:
oceanbeachflsub
City:
Miami Beach
Listed Date:
Oct 10, 2025
State:
FL
Total Sq Ft:
16,421
ZIP:
33139
Year Built:
1920
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$93,460
Map
Community
- Address249 Collins Ave Miami Beach FL
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
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