The Franklin

Investment Overview

Prime South Beach retail opportunity located directly on highly trafficked Collins Avenue at 860 Collins Ave, Miami Beach, FL. This approximately 5,000 SF ground-floor commercial space offers exceptional visibility, strong pedestrian traffic, and unbeatable walkability in the heart of South Beach. Surrounded by hotels, restaurants, luxury retail, residential buildings, and constant tourist activity, the location benefits from year-round foot traffic and a vibrant neighborhood atmosphere. The space is ideal for a wide variety of uses including med spa, wellness concept, beauty or cosmetic services, boutique fitness, restaurant or café, upscale retail, showroom, gallery, experiential concept, pharmacy, coworking lounge, or professional office use. The flexible layout and prime frontage make it an excellent opportunity for both established operators and emerging brands looking for a flagship Miami Beach presence. Positioned just steps from the beach, Ocean Drive, and numerous hospitality destinations, this location offers strong demographics, tourism exposure, and easy accessibility for both locals and visitors alike.

Investment Highlights

• Prime Collins Hospitality Property in the heart of the Art Deco District
• Placer.ai foot traffic analytics demonstrate over 13 million impressions annually — highlighting the property’s superior location and walkability
• Just steps from Ocean Drive, the beach, and iconic South Beach nightlife
• Walkable to Lincoln Road, top-tier hotels, and the Miami Beach Convention Center
• Minutes from Port of Miami, Downtown, Brickell, Wynwood, and Miami International Airport
• Active hotel and liquor licenses in place
• 16 fully renovated 2-bedroom, 1-bedroom, studio, and deluxe studio hospitality suites
• 5,000 SF ground-floor retail space ideal for a restaurant, bar, or lounge
• Rooftop expansion potential for a bar, jacuzzis, or guest event space