745 Collins Avenue presents a rare opportunity to acquire a fully vacant Art Deco commercial building in the heart of South Beach’s premier retail and hospitality corridor. Formerly occupied by Victoria’s Secret, the Property spans approximately 13,444 SF across three levels and is ideally positioned steps from Ocean Drive, the beach, and Miami Beach’s most prominent hotels, restaurants, retailers, and entertainment venues. Delivered vacant in gray shell condition, the Property offers exceptional flexibility for an investor, owner-user, or operator to reposition the asset for a variety of uses, including flagship retail, boutique hospitality, food & beverage, wellness, entertainment, office, or mixed-use concepts. The building underwent a substantial renovation in 2008 and includes significant infrastructure already in place, including elevator service, sprinkler and fire suppression systems, upgraded electrical capacity, and modernized building systems. The completed 40-Year recertification along with all these improvements provide a meaningful reduction in redevelopment costs and delivery timelines. In addition, the upper exterior levels offer the potential to create terraces, rooftop activations, hospitality amenities, wellness concepts, or other experiential spaces, a highly desirable and increasingly rare feature within the South Beach historic district.