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1201 Collins Avenue, Miami Beach, FL 33139

$11,500,000

Property Type: Land & Docks Lot Size (sq. ft.): 28,000 Status: Closed

Current Price: $11,500,000 List Date: 9/15/2006 Last Modified: 6/09/2026

Description

THREE MAGNIFICENT PROPERTIES, THE BEST LOCATION, IN THE HEART OF SOUTH BEACH'S ART DECO DISTRICT. This is a Tremendous South Beach Development opportunity! PRIME CORNER LOTS, PLUS TWO Art Deco buildings; can be a Hotel, Spa, Condo, Apartment Building, Par king Garage with Retail, Office, etc.. *SERIOUS SELLER!* WANTS QUICK CLOSE! The two buildings were substantially gutted following a single office user. INCREDIBLE DEVELOPMENT POTENTIAL on the TWO LOTS.

More Information MLS# M1087433

Contract Information

Comp Sale YN: No LP/Acre: 17968750 LP/Frontage: 57500 Listing Date: 2006-09-15 Status: Closed Original List Price: 13500000 Sold Price: $11,500,000 Current Price: $11,500,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Miami Beach Municipal Code: 2 Postal Zip: 33139 Subdivision Number: 8 County Land Use: PRKG Country: United States Street Number: 1201 Street Name: Collins Street Suffix: Avenue State Or Province: FL Postal Code: 33139 Postal Code +4: 4606 Subdivision Name: OCEAN BEACH ADDN NO 2 Area: 2320 Elementary School: Miami Beach Fienberg / Fisher K-8 High School: Miami Beach Parcel Number: 0232340080430 Zoning: 65/COMM

General Property Information

Number Of Lots: 3 Lot Size Dimensions: X Lot Depth: 140 Lot Frontage: 200 LP/Assessed Value: 4.58 LP/SqFt: 410.71 Property Sub Type: Unimproved Land Lot Size Acres: 0.64 Lot Size Square Feet: 28000 Additional Parcels YN: 1

Financial Information

Tax Assessed/SOH Value: 2509346 Tax Year: 2005 Tax Annual Amount: 60930 Tax Legal Description: 3 54 42 34 53 42OCEAN BEACH ADD NO 2 PB 2-56 LOT 9 & S40FT LOT 10 BLK 17 LOT SIZE 90.000 X 140 COC

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Cash SP/Acre: 17968750 Major Change Timestamp: 2007-05-25T21:35:59Z Major Change Type: Status Change Price Change Timestamp: 2006-11-13T11:11:15Z Status Change Date: 2007-05-28 Under Contract Date: 2007-03-28 Close Date: 2007-05-25 Close Price: 11500000

Comprehensive Plan Use

Professional: 1 Urban Commerce: 1 Other: 1

Current Use

Hotel/Motel: 1 Multi-Family: 1 Unimproved: 1 Other: 1

Environmental Audit

Unknown: 1

Location of Property

Central Business District: 1 City Location: 1 Corner Unit: 1

Possession

Negotiable: 1 Other: 1

Sewer

Public Sewer: 1

Special Information

City Jurisdiction: 1

Utilities

Cable Available: 1 Electricity Available: 1 Phone Available: 1 Sewer Available: 1 Water Available: 1 Other: 1

Water View

Beach: 1

Road Frontage Type

Interstate: 1 Main Thoroughfare: 1

Road Responsibility

Public Maintained Road: 1

Water Source

Public: 1

Income and Expenses

Inc/Exp Statement Period: 0

Showing Requirements

Call Listing Agent: 1

Section Details

Parcel Number MLX: 0430

Acreage Description

1/2 To Less Than 1 Acre Lot: 1 1 To Less Than 2 Acre Lot: 1 2 To Less Than 3 Acre Lot: 1

Originating Details

Originating System Key: 27275713 Originating System ID: M00000151

Property Features

Comprehensive Plan Use: Professional; Urban Commerce; Other Current Use: Hotel/Motel; Multi-Family; Unimproved; Other Environmental Audit: Unknown Location of Property: Central Business District; City Location; Corner Unit Possession: Negotiable; Other Sewer: Public Sewer Special Information: City Jurisdiction Utilities: Cable Available; Electricity Available; Phone Available; Sewer Available; Water Available; Other Road Frontage Type: Interstate; Main Thoroughfare Road Responsibility: Public Maintained Road Water Source: Public Water View: Beach Showing Requirements: Call Listing Agent Acreage Description: 1/2 To Less Than 1 Acre Lot; 1 To Less Than 2 Acre Lot; 2 To Less Than 3 Acre Lot

Listing Office: Income Real Estate, Inc.

Last Updated: June - 09 - 2026

1201 Collins Avenue, Miami Beach, FL 33139- MLS# M1087433

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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