Authorities have Recorded that the Commercial Property at 4041 Collins Ave, Miami Beach, FL 33140 Sold on June 01, 2022

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This is a news story only, not a listing.

It has been officially reported that the property located at 4041 Collins Ave in Miami beach within zip code 33140 and with the folio number 02-2260-001-1920 sold on June 01, 2022. The sale type was recorded as "Qual on DOS, multi-parcel sale." 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. In particular for this commercial property sale, since this is noted by the county as a multi-parcel sale, it is likely that the price reported as paid is for more than just this one folio. 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 June 01, 2022 and with an amount of $180,600,000.00 about two thirds down the page, under the heading "Sales Information."

When considering this 4041 Collins Ave property sale one should consider other properties within its zip code 33140, 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 33140 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33140 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.

Other places to find news stories related to Miami area commercial real estate include BisNow, The Real Deal, Globe Street, and Google News.

Update: This 4041 Collins Ave property in Miami Beach within the zip code 33140 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 277,351 adjusted square feet of building that was built in 1940 showing an effective year built of 2007. This 277,351 adjusted square footage of building puts it in the 250,000 to 300,000 square feet range. Having 65,400 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. Further, other commercial properties are now offered for purchase near this one, including those with the addresses 2436 Flamingo Dr, 2555 Collins Ave # 7, 2816 Sheridan Ave, 5445 Collins Ave, and others.

NOTE: This is a commercial real estate sales new story only - NOT a listing - about the June 01, 2022 sale of the commercial real estate property with Miami-Dade folio number 02-2260-001-1920 (0232260011920 without the dashes) and an address of 4041 Collins Ave in Miami beach, Florida 33140.