The Beach House Land For Sale

Ultra Luxury
Ultra LuxuryAbove $1,000 per SqFt
High-End$650 - $1,000 per SqFt
Mid-Tier$400 - $650 per SqFt
Premium$300 - $400 per SqFt
Entry-LevelBelow $300 per SqFt
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0–30 favors buyers
30–100 favors sellers
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20%+ Fast
8–19.9% Steady
Below 8% Slow
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0–3 Low
3–6 Balanced
6+ High
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2+/mo Active
0.75–1.99/mo Steady
Below 0.75/mo Quiet
Community rating based on resident and buyer reviews
4.5+ Excellent
4.0–4.49 Good
3.0–3.99 Average
Below 3.0 Below Average
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The Beach House, 255 Collins Ave, Miami Beach, Florida 33139, image 1
$16,000,000
  • 0.3 Acres
  • $53,333,333/Acre
Ultra Luxury
Land for sale in The Beach House
255 Collins Ave, Miami Beach, FL 33139
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.
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Nearby Subdivisions

(0.01 miles)
For Sale (2)
$799K - $849K
For Rent (4)
$3.5K - $16K
(0.02 miles)
(0.04 miles)
(0.05 miles)
For Sale (1)
$735K - $735K
For Rent (1)
$2.7K - $2.7K
(0.06 miles)

Schools

Scores

Walk Score®
Very Walkable. Most errands can be accomplished on foot
84

100
Transit Score®
Some Transit. A few nearby public transportation options
49

100
Bike Score®
Very Bikeable. Biking is convenient for most trips
84

100
Sound Score®
Bearable noise
75

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
33

100
Local Score
Limited local amenities nearby
1

100

Miami Beach
Ultra Luxury
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