2Nd Ocean Front Subdivisio Other For Sale
6372 Collins Ave, Miami Beach, Fl, Miami Beach, FL 33141

$7,500,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11698383
  • Virtual Tour: YES
  • List Price: $7,500,000
  • Taxes:$7,381,242
  • Listing Date:November 22, 2024
  • Days On Market:1

Description


Located in the desirable North Beach neighborhood, 6372 Collins Avenue offers a prime .47-acre development opportunity in Miami Beach. Zoned RM-2, this property supports residential or hospitality development with a 2.0 FAR, allowing for up to 40,826 SF of buildable space and a 65-ft height limit. Currently operating as a 32-space parking lot generating $25,000-$30,000 monthly, it provides interim income while planning future development. Positioned between Collins Avenue and Indian Creek Drive, the site enjoys proximity to luxury hotels, condominiums, and upcoming developments like the New Town District. At $7,500,000, this rare parcel is ideal for investors or developers seeking growth in an infill location with limited available land.

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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker