249 Collins Ave Miami Beach FL 33139 MLS #A11889965

249 Collins Ave
Miami Beach, FL, 33139
$16,000,000
Beds
0 Baths
0 SqFt
0.3 Acres
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MLS #A11889965 image #0
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
Type:
Single Family
Subtype:
Residential
Subdivision:
OCEAN BEACH FL SUB
Neighborhood:
oceanbeachflsub
Listed Date:
Oct 3, 2025
Lot Size:
13,000 sqft / 0.30 acres (approx)
Ocean Beach Fl SubOceanbeachflsubOcean Beach Fl SubOther Usage,other Style

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Financial

Tax Year
2024
Taxes
$93,460

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Subdivisions in Miami Beach

Market Summary

Current real estate data for Single Family in Miami Beach as of Mar 17, 2026
374
Single Family Listed
184
Avg DOM
2,048
Avg $ / SqFt
$9,848,452
Avg List Price

Property Summary

    Located in the OCEAN BEACH FL SUB subdivision, 249 Collins Ave Miami Beach FL is a Single Family for sale in Miami Beach, FL, 33139. It is listed for $16,000,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Miami Beach is $2,048. The average listing price for Single Family in Miami Beach is $9,848,452. To schedule a showing of MLS#a11889965 at 249 Collins Ave in Miami Beach, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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Courtesy of BHHS EWM Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Miami, FL. All rights reserved.
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249 Collins Ave
Miami Beach, FL