832 Collins AveMiami Beach, FL 33139

This exceptional two-story Art Deco building, situated just one block from Ocean Drive in Miami Beach's Historic Art Deco District, presents a unique investment opportunity. The 9,377-14,000 square foot property, formerly a Barney's New York Co-Op, boasts flexible MXE Liberal 2.0 FAR zoning, allowing for diverse uses including hotel, bar, retail, short-term rentals, and residential development. With a 7,000-14,000 square foot lot, there's potential to add over 4,000 buildable square feet, expanding the building up to five stories or 50 feet high. Built in 1932 and renovated in 2000, the property currently features retail space easily adaptable to offices, restaurants, or residential units. A rear parking garage entrance enhances the live-work-play potential. The asking price is $8,600,000, with a NNN lease type and single tenancy. This prime South Beach location offers unparalleled access to the vibrant energy of Ocean Drive and the surrounding area. The building's rich history and flexible zoning make it an ideal canvas for a variety of development projects, promising significant returns on investment. The property's versatility, combined with its coveted location, makes it a truly exceptional opportunity in the heart of Miami Beach.