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Vacant-User

Collins Avenue Vacant Retail Property

624 Collins Ave, Miami Beach, FL 33139

Listing Price: Request For Offer

Gross SF
8,450
Rentable SF
8,450
Lot Size
0.16 acres
Year Built
1922

Investment Overview

Marcus & Millichap is proud to exclusively market 624 Collins Avenue, a vacant 8,450 square foot two two-story retail property located on world famous Collins Avenue in the heart of the South Beach submarket of Miami Beach, FL. The property was previously occupied by Club Monaco for many years and is an ideal opportunity for an investor to re-tenant, and/or occupy for their own use. The building benefits from flexible MXE entertainment use zoning which allows for both hotel, commercial and residential uses. The property has excellent visibility along the west side of Collins Avenue in the exclusive 6th street corridor, where many upscale brands sit nearby including Armani Exchange, Aldo and Sunglass Hut. This corridor is only one block west of famous Ocean Drive and the beach and is surrounded by constant beach related tourists and walking traffic. Directly behind the property is the brand-new construction Goodtime Hotel which is owned and operated by producer/artist Pharrell Williams and David Grutman, a successfully promoter and entrepreneur. 624 Collins is being marketed in conjunction with Ten-X Auction services with an auction date of July 11th, 2022.

Investment Highlights

  • Incredible value-add retail investment opportunity in South Beach (Miami Beach, FL)
  • Vacant 8,450 rentable square foot building formerly occupied by Club Monaco
  • Ideal for owner/occupier or investor looking to re-tenant for immediate upside

Exclusively Listed By

Vacant-User

Collins Avenue Vacant Retail Property

Listing Price: Request For Offer

Gross SF
8,450
Rentable SF
8,450
Lot Size
0.16 acres
Year Built
1922

Investment Highlights

  • Incredible value-add retail investment opportunity in South Beach (Miami Beach, FL)
  • Vacant 8,450 rentable square foot building formerly occupied by Club Monaco
  • Ideal for owner/occupier or investor looking to re-tenant for immediate upside

Investment Overview

Marcus & Millichap is proud to exclusively market 624 Collins Avenue, a vacant 8,450 square foot two two-story retail property located on world famous Collins Avenue in the heart of the South Beach submarket of Miami Beach, FL. The property was previously occupied by Club Monaco for many years and is an ideal opportunity for an investor to re-tenant, and/or occupy for their own use. The building benefits from flexible MXE entertainment use zoning which allows for both hotel, commercial and residential uses. The property has excellent visibility along the west side of Collins Avenue in the exclusive 6th street corridor, where many upscale brands sit nearby including Armani Exchange, Aldo and Sunglass Hut. This corridor is only one block west of famous Ocean Drive and the beach and is surrounded by constant beach related tourists and walking traffic. Directly behind the property is the brand-new construction Goodtime Hotel which is owned and operated by producer/artist Pharrell Williams and David Grutman, a successfully promoter and entrepreneur. 624 Collins is being marketed in conjunction with Ten-X Auction services with an auction date of July 11th, 2022.

Exclusively Listed By

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