2000 Collins Avenue

Location:

Miami, FL

Acquisition Date:

September 2016

Size:

37,424 square feet retail across two levels; six-story 459 stall parking garage

Asset Type:

Retail & Parking Condominium

Opportunity:

Madison acquired the retail and parking condominium units at the base of a hotel located at 2000 Collins Avenue. The Property sits in a preeminent location, at the epicenter of South Beach’s nightlife and cultural scenes, including the historic Art Deco District in the Collins Park Neighborhood which is the hub for art and cultural events in Miami Beach. Madison enhanced value through aggressive leasing initiatives and professional management. The property’s retail component was sold in March 2021 and the garage component was sold in March 2022.