Investment Overview

Marcus & Millichap is proud to present for sale 852 Collins Avenue, a fully occupied, 16-unit boutique rental property located in the heart of Miami Beach’s globally renowned Art Deco District. This rare, fee-simple net-leased opportunity is not only 100% leased but also positioned at the crossroads of tourism, wealth migration, and economic expansion. Spanning over 7,600 square feet, this three-story property is leased to Luxuri, one of South Florida’s most prominent luxury short-term rental operators. Backed by Campau Capital Corporation, Luxuri offers a curated high-end experience including gourmet chef services, concierge access, yacht charters, and private aviation—ideal for high-net-worth travelers who continue to drive demand in Miami Beach. ? Miami Beach is booming. According to the Greater Miami Convention & Visitors Bureau, the city welcomed a record-breaking 28 million visitors in 2024, generating $22 billion in spending and $2.2 billion in local tax revenues. Miami-Dade now leads the nation in hotel occupancy and ranks third nationally in average daily room rates. In 2025, Miami Beach hotel properties topped all major U.S. markets in Revenue Per Available Room (RevPAR).