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Pinnacle Real Estate Group – FL

721 Collins Avenue, Miami Beach, FL 33139 (MLS# A12038115)

721 Collins Avenue, Miami Beach, FL 33139

$6,800,000
Property Type: Commercial Sale Square Footage: 6,841 Status: Active
Current Price: $6,800,000 List Date: 6/04/2026 Last Modified: 6/17/2026

Overview

Description

Exceptional opportunity to acquire a free-standing mixed-use commercial building in the heart of South Beach at 721 Collins Avenue. Located just steps from Ocean Drive, this iconic two-story property offers approximately 6,841 SF on a 7,000 SF lot with dual access from Collins Avenue and Ocean Court. Zoned MXE (Mixed-Use Entertainment), the property allows for a wide variety of retail, restaurant, hospitality, office, gallery, wellness, and experiential concepts. Features include approximately 50 feet of frontage, 12-foot ceilings, two bathrooms, kitchenette, storage area, and outstanding visibility in one of Miami Beach’s most dynamic pedestrian corridors.

Listing Details MLS# A12038115

General Property Information

Number Of Buildings
Yes
Property Sub Type
Retail
Occupant Type
Vacant
Building Area Main
6841
Year Built
1999
Lot Size Area
7000
Lot Size Acres
0.16

Property Features

Building Features: Free Standing; Kitchen Facilities; Private Restroom(s); Showroom; Storage Business Type: Arts and Entertainment; Retail Documents Available: Aerial Photo(s); Other Available Information; Site Plans Location of Property: Central Business District; City Location Possession: Negotiable Property Condition: Resale Sale Includes: Building; Fixtures; Land Zoning Information: Use Conforms To Zoning Construction Materials: Block; CBS; Stucco Cooling: Central Building Traffic Type: Pedestrian; Heavy Security Features: Fire Sprinkler System; Smoke Detector(s) Sewer: Public Sewer Special Information: City Jurisdiction; Corporate Owned Structure Type: Office; Retail Water Source: Public

Contract Information

Comp Sale YN
No
Original List Price
6800000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
721
Street Name
Collins
Street Suffix
Avenue
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
6215
Area
2420
Parcel Number
0242030040220
Subdivision Number
4
Zoning
6501
Flood Zone
AE

Financial Information

Tax Legal Description
OCEAN BEACH ADDN NO PB 3-11 LOT 11 BLK 12 LOT SIZE 50.000 X 140 OR 17951-3555 0198 1

Status Change Information

Major Change Timestamp
2026-06-04T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-06-16

More Information

Building and Property Details

Interior Ceiling Height
12
Maximum Ceiling Height
12

Price Calculations

Current Price To SqFt
994

Section Details

Parcel Number MLX
0220

Originating Details

Originating System Key
513949026
Originating System ID
M00000151
IDX
Listing Office: Cervera Real Estate Inc.
Last Updated: June - 17 - 2026
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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