721 Collins Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale

This trophy retail building sits in the heart of South Beach’s iconic Fashion District, an international destination for luxury shopping. The 6,500 sqft. contemporary structure, formerly home to Sephora, includes a total of 5,400 leasable sqft. of retail space with 50ft. of street frontage, dual entrances at the North and South corners, 12ft. ceilings on the 1st floor, and 830 sqft. of office space on the 2nd floor. Located a block away from Ocean Drive and its foot traffic, this opportunity is located in the great tourist meccas of the world, with 4,000 hotel rooms in a few blocks radius, parking garage, famed restaurants, legendary nightlife, and every convenience a tourist could desire. Currently offered at $40 per sqft. and is ready to be leased or reinvented in a new incarnation.