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249 Collins Avenue, Miami Beach, FL 33139
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A11889965
$16,000,000

249 Collins Avenue, Miami Beach, FL 33139

Beds
—
Baths
0
Sqft
—
Est. payment$98,809/mo
Home type
Unimproved Land
Year built
—
Lot size
13,068 sqft
Price / sqft
—
HOA
$0/mo
Community
OCEAN BEACH FL SUB

Property 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.

Listing activity

Days on market
361
Listed
Oct 3, 2025
MLS listing updated
3 hours ago
Feed last checked
1 minute ago

Listed by Ben Brissi · BHHS EWM Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0
Property

Exterior

View
Beach
Waterfront property
No

Lot

Lot size
13,068 sqft
Lot size (acres)
0.3 acres
Lot dimensions
13000
Zoning
3003
Road surface
Alley Paved
Road frontage
Public Road
Construction

Type & style

Home type
Unimproved Land
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Electricity Available, Sewer Available, Water Available, Trash Removal
Community & HOA

Community

Subdivision
OCEAN BEACH FL SUB
MLS area
2420

Association

Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Miami Beach
County
Miami-Dade
ZIP code
33139
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11889965
Possession
Negotiable
Original list price
$16,000,000
Parcel number
0242030030420
Annual property tax
$93,460
Tax year
2024
Tax legal description
OCEAN BEACH FL SUB PB 2-38 LOTS 14 & 15 BLK 3 LOT SIZE SITE VALUE OR 12960-3089 0686 1
Additional MLS details

Reported by the listing source

Bathrooms Total Decimal
0
Bathrooms Total Integer
0
County Or Parish
Miami-Dade
Days On Market
361
Elementary School
Miami Beach South Pointe
High School
Miami Beach
List Price
16000000
Listing Contract Date
2025-10-03
Lot Size Acres
0.3
Lot Size Dimensions
13000
MLSArea Major
2420
Middle Or Junior School
Miami Beach Nautilus
Mls Status
Active
On Market Date
2025-10-03
Photos Count
30
Postal Code
33139
Property Sub Type
Unimproved Land
Property Type
Land & Docks
Road Frontage Type
Public Road
Road Surface Type
Alley Paved
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2025-10-03T20:31:41Z
Subdivision Name
OCEAN BEACH FL SUB
Water Source
Public
Tax Annual Amount
93460
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Oct 3, 2025ListedMIAMI REALTORS® MLS$16,000,000

Public tax history

YearProperty taxesAssessment
2024$93,460—

Payment calculator

Estimated monthly payment$98,809/moIllustrative estimate, not a loan offer.
Principal & interest
$83,021
Property taxes
$7,788
Insurance
$8,000
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

OCEAN BEACH FL SUB

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach South PointeElementary
—
Miami Beach NautilusMiddle
—
Miami BeachHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of BHHS EWM Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.

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