The Commercial Property with an Address of 1775 Collins Ave, Miami Beach, FL 33139 Sold On February 12, 2019

This is a news story only, not a listing.

It has been officially reported that the property located at 1775 Collins Ave in Miami beach within zip code 33139 and with the folio number 02-2340-019-0460 sold on February 12, 2019. The sale type was recorded as "Not exposed to open-market; atypical motivation." Sales prices as recorded by the property appraiser frequently do not represent the whole story; thus full transaction details should be confirmed with the parties. Specific information about the buyer and seller in this transaction may be found by navigating to our property appraiser links for this property, clicking through on the link to "Main Page with Lot Outline, Aerial Views," then clicking through on the applicable sale on the date February 12, 2019 and with an amount of $103,000,000.00 about two thirds down the page, under the heading "Sales Information."

When considering this 1775 Collins Ave property sale one should consider other properties within its zip code 33139, some of which are currently for sale in this same zip code, as well as off-market listings in the area. Information on prior sales of area properties as well as current listings can be useful to gauge area pricing, but are not perfectly reliable. Current zip code 33139 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33139 Commercial Property Investment Profile page, displaying metrics on sales trends, turnover, and more. Demographics for Miami Beach, the South Florida city in which the property is located, may also be worth reviewing.

It can also prove insightful to view other commercial property holdings of and other information related to the property's recent ownership . Finally, a review of nearby businesses and resources and area traffic levels can be insightful, allowing the prospective buyer to quickly get a feel for area commerce and resources.

A birdseye view of the property is displayed above and a street map of the location is below. Additional information on this property, including other sales transactions amounts and links directly to pages for this property at the Miami-Dade County Property Appraiser website, can be found at this site's information page for this property. Note that the above birdseye aerial view and map herein were generated using the address recorded with the county property appraiser for the folio entered for this listing and that they are provided on a best efforts basis only and are not guaranteed.

Update: This 1775 Collins Ave property in Miami Beach within the zip code 33139 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 63,043 adjusted square feet of building that was built in 1940 showing an effective year built of 1995. This 63,043 building adjusted square footage sets it in the 60,000 to 70,000 square feet range. Having 60,541 square feet of lot, one would generally place it in a 50,000 to 75,000 square feet (lot size) range. Further, again on a date after the sale, the property is referenced by Miami-Dade county as zoned 4100 - MULTI-FAMILY - 101+ U/A with a land use of 3921 - HOTEL OR MOTEL : HOTEL. This Miami-Dade reference for zoning is believed to translate into RM-3 zoning in Miami Beach, Florida, information about which may be found here. Any such (RM-3 zoned properties) in may be found here. Note that since this was reported subsequent to the sale, it is possible these were different at the time of the sale. Also, commercial properties have been listed for sale near this one, including 1000 7th St, 1120 Euclid Ave, 1200 West Ave # 7, 1215 West Ave # 1, 1225 Alton Rd, 1235 Alton Rd, 1239 Alton Rd, 1300 Lincoln Rd # 1B, 1323 Washington Ave, 1345 Pennsylvania Ave, 1446 Ocean Dr # 2, 1451 Ocean Dr # 102, 1451 Ocean Dr # 104, 1451 Ocean Dr # 204, 1475 Collins Ave, 1520 Alton Rd, 1521 Jefferson Ave, 1527 Washington Ave, 1561 Jefferson Ave, 1600 Lenox Ave, 1671 Alton Rd, 1680 E James Ave, 1680 Michigan Ave # 1014A, 1680 Michigan Ave # 1024A, 1680 Michigan Ave # 919, 1685 Jefferson Ave, 1701 Sunset Harbor Dr # C106, 1701 SUNSET HARBOUR DR # 201, 1701 SUNSET HARBOUR DR # 202, 1701 Sunset Harbour Dr # 203, 1770 Meridian Ave, 511 16th St, 531 16th St, 538 Meridian Ave, 600 Ocean Dr, 604 Collins Ave, 605 Lincoln Rd, 667 Lincoln Rd # 667, 751 Euclid Ave, 800 Collins Ave, 960 Alton Rd, and others.