5445 Collins Ave - Apartments CONDO FOR SALE


Miami Beach, FL 33140- Oceanfront
$4,250,000-$6,500,000 USD
786-378-1850
5445 Collins Ave, Miami Beach, FL for Sale
$4,250,000-$6,500,000 USD
Apartments CONDO - FOR SALE
1/63
12,006-25,860 SF | Request Cap Rate

NEW


5445 Collins Ave
Miami Beach, FL 33140
Oceanfront


HIGHLIGHTS

  • ±26,000 SF across three levels and high interior clearances, the building is structurally optimized for high-capacity nightclubs, live performances
  • Large-format entertainment spaces are virtually non-existent on the oceanfront.
  • "Warm Shell" for an operator to custom-build a flagship concept from the ground up.
  • At a $6.5M entry point for nearly 26,000 SF, the price per square foot offers a substantial margin for a comprehensive renovation.
  • No Association Approval Needed for Business Type
  • Liquor License Sale with CU14

OVERVIEW

Located at 5445 Collins Avenue in the heart of Miami Beach’s prestigious Mid-Beach corridor. The space currently requires full renovation, serving as a premier "blank canvas" for a visionary developer or hospitality group. With no association approval needed for business type, the property is uniquely suited for a flagship nightclub, live-performance theatre, or movie theatre where the expansive vertical clearance and existing stage infrastructure allow for world-class acoustics and immersive lighting design. The layout is also ideal for a modern supper club, a high-end cabaret, or a hybrid entertainment-dining concept that requires seamless service between a commercial-grade kitchen and a grand performance space. Positioned steps from the ocean in a high-barrier-to-entry market, this asset allows an investor to curate a marquee destination that captures the high-spending demographic of the Collins Avenue corridor.

FOR SALE DETAILS

PRICE

$4,250,000-$6,500,000 USD

CAP RATE

Request Cap Rate

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

An Icon Ready for its Encore

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

295,634 SF

STORIES

15

BUILDING CLASS

B

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

4.01 AC

LAND SF

174,676 SF

ZONING

4100

APN/PARCEL ID

02-3214-021-0130,02-3214-021-0250,02-3214-021-0590,02-3214-021-0710,02-3214-021-0800,02-3214-021-0900,02-3214-021-0960,02-3214-021-0990,02-3214-021-1210,02-3214-021-1220,02-3214-021-1320,02-3214-021-1480,02-3214-021-1490,02-3214-021-1510,02-3214-021-1610,02-3214-021-1640,02-3214-021-1660,02-3214-021-1980,02-3214-021-2510,02-3214-021-2520,02-3214-021-2720,02-3214-021-2980,02-3214-021-4210,02-3214-021-4230,02-3214-021-4250,02-3214-021-4360,02-3214-021-5170,02-3214-021-5400,02-3214-021-5490

ASK ABOUT THIS PROPERTY

Tony SaladrigasFausto Commercial Realty ConsultantsMore Info
786-378-1850

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Tony SaladrigasFausto Commercial Realty ConsultantsMore Info
786-378-1850

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.