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721 Collins Ave, Miami Beach FL 33139

Commercial Recently Rented
$2,001,238

BTC: 32.44536945

ETH: 597.75379115

/mo
Sold on: 2022-03-23
71 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

We are pleased to present this trophy property in the heart of Miami Beach's Fashion District at $55/SF NNN. (Please note that retail rents in Miami Beach are hovering around $85/SF.) Also known as the former Sephora Building, 721 Collins Ave boasts 5400 SF of retail space (50' frontage x 12' ceiling height) plus 830 SF of Office Space on the 2nd floor. Since there is a North & South entrance, respectively. Just 50 steps away, customers can park at the Miami Beach Garage (6 levels of parking with 646 parking spaces at $1/hour) or more likely, walk from any of 4,000 hotel rooms located within a 1-mile radius. Located just 7 blocks from the nearest highway ramp and just in time for a retail comeback, 721 Collins is ready for its next tenant.

Location

Facts and features

Type:
Commercial Sale
Parking:
On Street
Year Built:
1999
Lot:
6970 Square Feet
Heating:
Central Building A/C
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    Heating

    • Central Building A/C

    Cooling

    • Central Building A/C

  • Parking

    • On Street

    Lot

    • Lot: 6970 Square Feet

    Other Property Information

    • Parcel Number: 02-42-03-004-0220

    • Zoning: 6501

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $125,837

  • Source details

    • MLS ID: A11143165

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: City Location

    • Window Features: Clear Impact Glass

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Capital Realty