604 Collins Ave, Miami Beach, FL 33139 — MLS photo

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604 Collins Ave, Miami Beach, FL 33139

Active · Retail

$13,900,000

604 Collins Ave, Miami Beach, FL 33139

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1930
Lot size
12,944 sq ft
HOA fee
—
Annual tax
$69,057

About this property

Discover a rare opportunity to acquire two high-visibility commercial assets in the heart of South Beach’s world-renowned Collins Avenue retail corridor. Located just steps from one another, 604 Collins Ave and 215 6th Street offer unmatched exposure, constant pedestrian traffic, and exceptional upside for investors or owner-users. 604 Collins Avenue Positioned on iconic Collins Ave, this premium storefront benefits from nonstop foot traffic, strong signage presence, and proximity to major hotels, restaurants, and nightlife destinations. The open, flexible layout is perfect for retail, boutique, wellness, or experiential concepts. Surrounded by top global brands, 604 Collins provides enduring value in one of Miami Beach’s most coveted commercial locations. 215 6th Street (Corner Storefront at Collins Ave) Just around the corner from 604 Collins, this ±1,917 SF corner commercial space offers expansive frontage, large windows, and excellent natural light—ideal for showroom, gallery, retail, or specialty use. Located steps from the beach and South Beach’s entertainment district, the asset attracts steady consumer traffic and strong tenant demand.

Property location

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604 Collins Ave, Miami Beach, FL 33139

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Retail
Year built
1930
Lot size
12,944 sq ft

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$69,057
County
Miami-Dade
Days on market
272
MLS listing ID
A11929225
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$10,951

Cap rate
4.7%
Net yield
4.7%
Cash-on-cash return
-3.4%
Gross yield
6.6%
Mortgage payment
$65,893/mo
Down payment
$3,475,000
Loan amount
$10,425,000
Annual NOI
$659,303

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.