Ilan Goldstein Sells Retail Property At 751 Collins Avenue Miami Beach For $2.85M
751 Collins Avenue
$2,850,000
$730/SF
Building Size
3,900 SF
Asset Type
Retail
Closing
Jun 21, 2026
AI
The asset involved in this transaction is a retail property located at 751 Collins Avenue in the Miami Beach market. The property, consisting of 3,900 square feet, was sold for $2,850,000, which translates to a price per square foot of $730.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,850,000
- Address: 751 Collins Avenue
- Market: Miami Beach
- Square Footage: 3,900
- Price Per Square Foot: $730
- Seller: Ilan Goldstein
- Brokers: Jordan Gimelstein, David Spitz & Max Sheff - Inhouse Commercial
- Sale Date: 06/22/2026
This sale reflects the continued demand for irreplaceable real estate along Collins Avenue and showcases the confidence investors have in the long-term future of Miami Beach. The brokerage has also indicated interest in connecting interested parties with other opportunities on Collins Avenue.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93