Log In/Sign Up
Enter your email to login or create a free account
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
This Retail Property is no longer advertised on LoopNet.com.
509 Collins Ave
Miami Beach, FL 33139
Walgreens · Retail Property For Sale

Investment Highlights
- Walgreens Corporate Guarantee (NYSE: WAG) – Investment Grade Tenant (S&P BBB)
- One Block Away from South Beach’s World Class Beaches
- Absolute NNN – Zero Landlord Responsibility
- World Renown & Iconic Tourist Attraction/Location
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
22,875 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
2 Stories
Building FAR
1.52
Lot Size
0.35 AC
Zoning
C-PS2, Miami Beach, 6503
Parking
9 Spaces (0.39 Spaces per 1,000 SF Leased)
Frontage
- 122’ on 5th St
- 102’ on Collins Ave
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 02-4203-002-0080 | Improvements Assessment | $21,304,500 |
| Land Assessment | $7,546,500 | Total Assessment | $28,851,000 |
Property Taxes
Parcel Number
02-4203-002-0080
Land Assessment
$7,546,500
Improvements Assessment
$21,304,500
Total Assessment
$28,851,000
Listing ID: 24122861
Date on Market: 9/18/2021
Last Updated:
Address: 509 Collins Ave, Miami Beach, FL 33139
The Lummus Park Retail Property at 509 Collins Ave, Miami Beach, FL 33139 is no longer being advertised on LoopNet.com. Contact Marcus & Millichap for information on availability.
RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS
NEW NEARBY RETAIL LISTINGS
- 2600 SW 3rd Ave, Fort Lauderdale FL
- 3030-3050 NW 82nd Ave, Miami FL
- 150 SE 2nd Ave, Miami FL
- 1523-1527 W Flagler st, Miami FL
- 8901 SW 157th Ave, Miami FL
- 530 NE 13th St, Fort Lauderdale FL
- S NW 183 St, Hialeah FL
- 1353 SW 1st St, Miami FL
- 500 N State Road 7, Plantation FL
- 1111 SW 1st Ave, Miami FL
- 15420 SW 136th St, Miami FL
- 1026-1030 NW 9th Ave, Fort Lauderdale FL
NEARBY LISTINGS
- 1520 Alton Rd, Miami Beach FL
- 727 Collins Ave, Miami Beach FL
- 161 NE 24th St, Miami FL
- 1300 Lincoln Rd, Miami Beach FL
- 501 NE 31st St, Miami FL
- 1111 SW 1st Ave, Miami FL
- 745 Collins Ave, Miami Beach FL
- 721 Collins Ave, Miami Beach FL
- 3901 NW 2nd Ave, Miami FL
- 2081 NW 7th Ave, Miami FL
- 5445 Collins Ave, Miami Beach FL
- 3400 NE 2nd Ave, Miami FL
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map

Link copied
Your LoopNet account has been created!
Thank you for your feedback.
Please Share Your Feedback
We welcome any feedback on how we can improve LoopNet to better serve your needs.X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.