Address
721 Collins Ave Miami Beach, FL
Price
$ 55
Property Attributes
  • MLS#A10979023
  • TypeCom Lease
  • CountyMIAMI-DADE
  • CityMiami Beach
  • Area42
  • Zip33139
  • StyleDetached
  • Year Built1999
  • Taxes$ 125837
  • Price$ 55
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5400
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Keller Williams Capital Realty
Data Source:
Southeast Florida MLS (SEFMLS) - 43 - FL
Property Description

We are please 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 830SF of Office Space on the 2nd floor. Since there are North & South entrances, respectively, landlord is open to a conversation around partial leasing (2700SF). Just 50 steps away, customers can park at the Miami Beach Garage (6 levels of parking with 646 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 and just in time for a retail comeback, 721 Collins is ready to show.

Price History
1/7/2021 Listed $55

General Features

Architectural Style Detached
City Miami Beach
Construction Materials Block
Cooling CentralAir
County Miami-Dade County
Days on Market 246
Flooring Tile
Heating Central
Leasable Area 5400.0
Lease Considered Y/N Yes
Lease Type NNN
Levels One
Lot Size Square Feet 6970.0
MLS Area 42
Occupant Type Vacant
Ok to Lease Item36Months
Possession ClosingFunding
Property SubType Retail
Property Type CommercialLease
Roof Concrete
Sewer PublicSewer
Standard Status Active
Status Active
Stories 1
Street Name Collins Ave
Structure Type Retail
Tax Annual Amount 125837.0
Tax Year 2020
Tenant Pays CommonAreaMaintenance, Electricity, Insurance, Taxes, TrashCollection, Water
Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A10979023
Year Built 1999
Zoning Description 6501

Interior Features

Air Conditioning Y/N Yes

Exterior Features

Building Area Total 5400.0
Covered Spaces 0.0
Lot Dimensions 50
Lot Size Area 6970.0
Lot Size Units SquareFeet
Number of Buildings 1
Number of Separate Electric Meters 1
Parking Features OnStreet
Road Frontage Type CityStreet
Total Parking 2.0
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Com Lease Average in 33139

Price
AVG $K
$K
Taxes
AVG $155,239
$125,837
Visits
AVG 70
169
Year Built
AVG 1968
1999
Walkscore
AVG 94
90
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.