Between Bal Harbor & Miami Beach area the last available 250 feet of Collins Ave frontage has been listed

Comprised of four buildings and a parking lot facing Harding Avenue, this property is an excellent investment opportunity and an ideal plot of land to develop a high-end hotel just in front of the new Four Season.

Listed for $27 Million, 9040 Collins Ave, is centrally located just across the Beach of Surfside, the land has access to Harding Avenue from Collins Avenue. It is situated directly across from the upcoming new development The Surf Club Four Seasons Hotel & Private Residences, and just a few blocks from the Bal Harbour Shops.

Fabio Faerman of FA Commercial/Fortune International Realty is the exclusive listing agent for this rare and desirable property location on the highly sought-after Collins Ave – directly across from the Atlantic Ocean. “Surfside Beach is a rapidly growing neighborhood with several notable new hotels and luxury condominiums in development which make this listing an amazing opportunity to invest in this South Florida area” said Fabio Faerman.

The offer consists in 4 buildings (9016, 9042 & 9040-9048 Collins Ave) plus a parking lot facing Harding Ave that sits on a 43,100 SF lot. It includes 45 living units, 250 feet frontage on Collins Ave, and 50 feet frontage on Harding Ave. Zoned for condos or hotel development.

Through re-development on the existing property, there is potential to build a proposed project of 108 hotel rooms | 79 residential units. This would be a flagship property with true investment opportunity.

Now in Surfside, several projects are currently under construction and developers are seeking more available property on Collins Avenue, resulting in a surge of market activity in the area. The St. Regis Bal Harbour complex has been the anchor catalyst attracting developers to this area. Now The surf Club: Four Seasons Hotel & Private Residences, Marriot: The Residence Inn Surfside, Fendi Chateau and many others are under construction.