1201 Collins Avenue, FL 33139 (MLS# M1087191)

1201 Collins Avenue, FL 33139

$11,500,000
Property Type: Commercial Sale Square Footage: 12,600 Status: Closed
Current Price: $11,500,000 List Date: 9/16/2006 Last Modified: 4/09/2026

Overview

Description

THREE MAGNIFICENT PROPERTIES, THE BEST LOCATION, IN THE HEART OF SOUTH BEACH'S ART DECO DISTRICT. This is a Tremendous South Beach Development opportunity! PRIME CORNER LOTS, PLUS TWO Art Deco buildings; can be a Hotel, Spa, Condo, Apartment Building, Par king Garage with Retail, Office, etc.. *SERIOUS SELLER!* WANTS QUICK CLOSE! The two buildings were substantially gutted following single office user. INCREDIBLE DEVELOPMENT POTENTIAL on the TWO LOTS.

Listing Details MLS# M1087191

General Property Information

Property Sub Type
Business
Number Of Units Total
7
Occupant Type
Call Listing Agent
Building Area Main
12600
Year Built
1939
Year Built Details
YearBuiltDescription Under Construction
Parking Total
20

Property Features

Building Features: Free Standing Business Type: Other Documents Available: Other Available Information Electric: 110 Volts Flooring: Other Parking Features: Other Property Condition: Under Construction Roof: Other Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
13500000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1201
Street Name
Collins
Street Suffix
Avenue
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
4606
Area
2320
Parcel Number
0232340080430
Subdivision Number
8
Zoning
65/COMM
Directions
CORNER OF 12TH STREET AND COLLINS AVENUE/A1A, IN THE HEART OF THE WORLD FAMOUS SOUTH BEACH ART DECO DISTRICT.
Property Description
3 PARCELS: LOT + 2 BUILDGS

Financial Information

Tax Annual Amount
60930
Tax Assessed/SOH Value
2509346
Tax Legal Description
3 54 42 34 53 42OCEAN BEACH ADD NO 2 PB 2-56 LOT 9 & S40FT LOT 10 BLK 17 LOT SIZE 90.000 X 140 COC

Status Change Information

Major Change Timestamp
2007-05-26T03:17:41Z
Major Change Type
Status Change
Price Change Timestamp
2006-11-14T04:17:41Z
Status Change Date
2007-05-28
Under Contract Date
2007-03-28
Close Date
2007-05-25
Close Price
11500000
Buyer Financing
Cash

More Information

Building and Property Details

# Of Toilets
Yes

Income and Expenses

Inc/Exp Statement Period
2004

Section Details

Parcel Number MLX
0430

Originating Details

Originating System Key
27351077
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Electric

110 Volts
Yes

Flooring

Other
Yes

Parking Features

Other
Yes

Property Condition

Under Construction
Yes

Documents Available

Other Available Information
Yes
Photos
Yes

Building Features

Free Standing
Yes

Business Type

Other
Yes

Roof

Other
Yes

Showing Requirements

Call Listing Agent
Yes
Listing Office: Income Real Estate, Inc.
Last Updated: April - 09 - 2026
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