727 Collins Ave, Not Provided, FL 33139

Property Description

Ground-floor retail opportunity at Collins Avenue, 4,800 square feet of ground-floor space in a 1930 landmark building on South Beach's lower Collins corridor, delivered vacant and ready for a signature concept. The space occupies the entire ground floor of a fully renovated four-story historic building, with original architectural detail preserved through the restoration. Twenty-five hospitality keys operate on floors two through four under a ten-year master lease, generating built-in daily foot traffic directly above the storefront. Asking rent is $50 per square foot on a NN basis, with the tenant responsible for a pro-rata share of real estate taxes and property insurance. The plate runs the full depth of the lot with a dedicated service entrance, retail trash room, and storage already in place. Zoned MXE and sited one block from Ocean Drive and two from the Atlantic, the space sits within the corridor's primary walking path — alongside Everlast, Vivienne Westwood and LSPACE, all within two blocks.