1/3
AvailableDevelopment Site17 days on market4,521 views
Miami Beach Oceanfront — Development Site
4500 Collins Avenue, Miami Beach, FL, United States 33140
$120,000,000
Cap Rate: 6.5%
0Rooms/Keys
0Suites
183,000Sq Ft
0Floors
0Year Built
0Parking
183,000Lot Size
RM-3 Resort/HotelZoning
35Max Floors
About This Property
Exceptional 4.2-acre oceanfront parcel in prime Miami Beach zoned for luxury hotel development. Approved for up to 35 stories and 500 keys. Unobstructed ocean views with 400ft of direct beach frontage. Once-in-a-generation development opportunity.
Features & Amenities
400ft Beach FrontageOcean ViewsZoned Hotel/Resort35-Story Approval500-Key CapacityUtilities ReadyEnvironmental ClearedTransit Adjacent
Price History
ListedFeb 1, 2026
$120,000,000Climate Risk Assessment
Floodhigh
Fireminimal
Heatmoderate
Stormhigh
Overallhigh
Destination Market: Mid-Beach
View All95
Tourism Score
World-Class Destination
90
Accessibility
88
Business Climate
Avg Occupancy
80%
Avg RevPAR
$265
Market Growth
+8.3%
Country
United States
Carlos Mendez
4.9(98 reviews)
31 deals closed · Portfolio: $3.2B
Development SitesMiami MarketOceanfront
+1 (305) 555-0187Investment Financials
$120,000,000
Annual Tax$1,600,000
Cap Rate6.5%
Estimated ROI
18.5% /yr
