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Price: $17,500,000

For Sale

Price: $17,500,000

7410 Collins Ave Miami Beach, FL 33141

Description

Price: $17,500,000

Property Type: Land

Subtype: Commercial

Lease Expiration: 07/12/2026

Remaining Term: 5.1 Years

7410 Collins Avenue is a commercial redevelopment site of unparalleled size, exposure and optionality available in the Miami Beach market. The Property consists of a 15,000 SF corner lot with a 30,000 SF parking lot to the west separated by a public alley. The corner parcel contains a retail building fully leased to CVS, which is in its last option period. The Site consists of the entire blockfront on 74th Street between Collins Avenue and Harding Avenue. A developer can leverage the size of the site and the commercial zoning to build a hotel, office or mixed-use project, or renovate and re-tenant the existing building and utilize the rare scale of surface parking to drive value as a retail asset.

Investment Highlights

  • Full Blockfront With 45,000 Sf Land
  • One Block From the Beach
  • Covered Land Play
  • CVS on Last Option Period
  • CD-2 Commercial Zoning (Far = 1.5)

Interested in more information? Contact Andrey today.

SOLD
For Sell

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