The Property Located at 1120 Collins Ave, Miami Beach, FL 33139 Sold On September 29, 2017

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This is a news story only, not a listing.

It has been officially reported that the property located at 1120 Collins Ave in Miami beach within zip code 33139 and with the folio number 02-2340-008-1130 sold on September 29, 2017. The sale type was recorded as "Qual by exam of deed." 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. 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 September 29, 2017 and with an amount of $17,500,000.00 about two thirds down the page, under the heading "Sales Information."

When considering this 1120 Collins Ave property sale one should consider other properties within its zip code 33139, 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 33139 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33139 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 1120 Collins Ave property in Miami Beach within the zip code 33139 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 30,954 adjusted square feet of building that was built in 1935 showing an effective year built of 1960. This 30,954 building adjusted square footage sets it in the 30,000 to 40,000 square feet range. Possessing 14,000 square feet, one might set it in the 10,000 to 20,000 square feet lot size range. Further, again on a date after the sale, the property is referenced by Miami-Dade county as zoned 6501 - COMMERCIAL - MIXED USE ENTERTAINMENT with a land use of 3921 - HOTEL OR MOTEL : HOTEL. This Miami-Dade reference for zoning is believed to translate into MXE zoning in Miami Beach, Florida, information about which may be found here. Any such (MXE 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. Also, commercial properties have been listed for sale near this one, including 1050 Alton Rd, 1120 Euclid Ave, 1233 Collins Ave, 1235 Alton Rd, 1239 Alton Rd, 1300 Lincoln Rd # 1B, 1323 Washington Ave, 1343 Alton Rd, 1351 Euclid Ave, 1405 Euclid Ave, 1407 Meridian Ave, 1451 Ocean Dr # 102, 1451 Ocean Dr # 104, 1535 West Ave, 1561 Jefferson Ave, 1570 Alton Rd, 1671 Alton Rd, 1680 Michigan Ave # 1024A, 1680 Michigan Ave # 916, 1680 Michigan Ave # 919, 1701 Sunset Harbor Dr # C106, 1701 Sunset Harbor Dr # S206, 1701 SUNSET HARBOUR DR, 1770 Meridian Ave, 205 Collins Ave, 2206 Park Ave, 531 16th St, 538 Meridian Ave, 600 Ocean Dr, 604 Collins Ave, 605 Lincoln Rd, 605 Lincoln Rd # 500, 641 10th St, 733 Michigan Ave, 927 Jefferson Ave, 960 Alton Rd, and others.

NOTE: This is a commercial real estate sales new story only - NOT a listing - about the September 29, 2017 sale of the commercial real estate property with Miami-Dade folio number 02-2340-008-1130 (0232340081130 without the dashes) and an address of 1120 Collins Ave in Miami beach, Florida 33139.