249 Collins Ave Miami Beach, FL 33139
South Pointe NeighborhoodEstimated payment $94,967/month
Highlights
- Beach View
- 0.3 Acre Lot
- 2-minute walk to Washington Dog Park & Annex
- South Pointe Elementary School Rated 9+
About This Lot
Ultra Rare South of Fifth development opportunity! This 13,000 SF lot includes 249 Collins Ave, 255 Collins Ave & 247 Ocean Ct. Existing improvements feature 15 apartments + 2 retail spaces producing $467,900 gross annually with rents well below market. A development feasibility study confirms the potential to build up to 5 stories with 26 residential units and 22,750 SF of buildable area without variances. Potential to increase this even more by taking advantage of the Live Local Act or other state, county, & city development bonuses. Exceptional chance to create a new project in Miami Beach's most coveted neighborhood, blending immediate income with prime development upside. RPS-3 Zoning.
Property Details
Property Type
- Land
Est. Annual Taxes
- $93,460
Lot Details
- 13,000 Sq Ft Lot
- Property is zoned 3003
Schools
- Miami Beach South Pointe Elementary School
- Miami Beach Nautilus Middle School
- Miami Beach High School
Additional Features
- Beach Views
- City Lot
Community Details
- Ocean Beach Fl Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 0242030030420
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $99,363 | $4,956,050 | ||
| 2024 | $91,058 | $4,505,500 | $4,504,500 | $1,000 |
| 2023 | $91,058 | $4,505,500 | $4,504,500 | $1,000 |
| 2022 | $85,289 | $4,287,177 | $0 | $0 |
| 2021 | $83,022 | $3,897,434 | $0 | $0 |
| 2020 | $79,022 | $5,006,000 | $5,005,000 | $1,000 |
| 2019 | $71,925 | $4,551,000 | $4,550,000 | $1,000 |
| 2018 | $62,279 | $4,000,000 | $3,640,000 | $360,000 |
| 2017 | $60,050 | $2,662,000 | $0 | $0 |
| 2016 | $58,576 | $2,420,000 | $0 | $0 |
| 2015 | $49,697 | $2,420,000 | $0 | $0 |
| 2014 | $53,332 | $2,200,000 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | For Sale | $16,000,000 | -- | -- |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A11889965
APN: 02-4203-003-0420
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