Land - Prime Development Site / Miami Beach

For Sale: Prime Development Opportunity – Miami BeachAddress: 1475 Collins Avenue, Miami Beach, FL 33139
Asking Price: $9,700,000
Lot Size: 12,400 SF | FAR: 2.0 (up to 24,800 SF buildable) | Height Limit: 50 feet

Overview
An exceptional chance to acquire one of the last remaining undeveloped parcels in the heart of Miami Beach. Perfectly positioned on the corner of Collins Avenue and 15th Street, this site offers over 100 feet of Collins Avenue frontage, high visibility, and unmatched pedestrian and vehicular exposure.

Zoned MXE-HP, the property allows for commercial, hotel, office, multifamily, mixed-use, retail, or parkingdevelopment. With its prime location, flexible zoning, and strong market fundamentals, this property is a rare and highly lucrative opportunity for developers or investors.

Key Highlights
Prime Corner Location: High-traffic intersection with full light signalization, providing optimal visibility and access.
MXE-HP Zoning: Versatile permitted uses including commercial, hotel, office, retail, mixed-use, and multifamily.
Development Potential: Up to 24,800 buildable square feet, with 50’ height allowance.
Historic Overlay: Located within the Miami Beach Architectural Historic District and the Ocean Drive/Collins Avenue Historic District, requiring review by the Preservation Board to ensure compatibility with the Art Deco & MiMo character.
Vibrant Surroundings: Steps to world-renowned Ocean Drive, Lincoln Road Mall, and the Art Deco District, surrounded by luxury hotels, fine dining, shopping, and entertainment.
Proximity to Landmarks: Minutes from Loews Miami Beach, SLS South Beach, The Setai, Faena Hotel, Baoli, Joe’s Stone Crab, Prime 112, and more.

Adjacent Tenants & Restaurants
Wilde on the Porch – Casual American
Maxine’s Bistro & Bar – Farm-to-Table American
Katsuya South Beach – Contemporary Japanese
Byblos Miami – Mediterranean Fusion
Chalan on the Beach – Peruvian
…and many more national and international brands.

Investment Summary
This trophy development parcel offers unparalleled exposure in one of the world’s most recognized hospitality and lifestyle markets. With strong local demand, steady international tourism, and tight supply of buildable land, 1475 Collins Avenue represents a rare opportunity to create a flagship asset in Miami Beach.

Buyer broker fee - 1.3% of the sales price paid at closing

Call Tony Puente, CCIM at 305.606.2097 (cell) or Tpuente@fairchildpartners.com

Real Estate Broker - Associate

Fairchild Partners, Inc