6372 Collins Ave, Miami Beach, FL Located in the desirable North Beach neighborhood, 6372 Collins Avenue offers a prime .47-acre development opportunity in Miami Beach. Zoned RM-2, this property supports residential or hospitality development with a 2.0 FAR, allowing for up to 40, 826 SF of buildable space and a 65-ft height limit. Currently operating as a 32-space parking lot generating $25, 000-$30, 000 monthly, it provides interim income while planning future development. Positioned between Collins Avenue and Indian Creek Drive, the site enjoys proximity to luxury hotels, condominiums, and upcoming developments like the New Town District. At $7, 500, 000, this rare parcel is ideal for investors or developers seeking growth in an infill location with limited available land.