We are pleased to present this trophy property in the heart of Miami Beach's Fashion District at $55/SF NNN. (Please note that retail rents in Miami Beach are hovering around $85/SF.) Also known as the former Sephora Building, 721 Collins Ave boasts 5400 SF of retail space (50' frontage x 12' ceiling height) plus 830 SF of Office Space on the 2nd floor. Since there is a North & South entrance, respectively. Just 50 steps away, customers can park at the Miami Beach Garage (6 levels of parking with 646 parking spaces at $1/hour) or more likely, walk from any of 4,000 hotel rooms located within a 1-mile radius. Located just 7 blocks from the nearest highway ramp and just in time for a retail comeback, 721 Collins is ready for its next tenant.