1451 Ocean Dr CU-104
CU-104, 1451, Ocean Dr, Miami Beach, FL, 33139Basics
- Category: CommercialSale
- Type: Retail
- Status: Active
- Bathrooms: 0
- Lot size: 2623, 2623 sq ft
- Year built: 1998
- County: Miami-Dade
- Lease Term: RenewalOption
- MLS ID: A11600603
Description
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Description:
SHOPPES OF IL VILLAGGIO CONDO UNIT CU-104 UNDIV 13.92% INT IN COMMON ELEMENTS OFF REC 22978-4816 COC 26324-1388 04 2008 1 Invest in prime commercial retail condos CU-104 and CU-102 at the prestigious Shoppes of Il Villaggio on Ocean Drive, Miami Beach. These units, positioned on the bustling South Beach oceanfront, benefit from high visibility and significant foot traffic, surrounded by upscale retailers, hospitality, and restaurant venues. Steps from The Collins, a $47M redevelopment project of the Historic Bancroft Hotel.
Both units, totaling 2,623 SF, are occupied by a fine arts gallery under a 5-yr lease with a renewal option, for steady revenue and enhancing the property's prestige. Listed at $4.65M for both units, this high-end investment opportunity promises continued growth and profitability in a sought-after market.
- CU-102 MLS #: A11605010
Show all description
- CU-104 MLS #: A11600603
Location
- Directions: Intersection of Ocean Drive and 15th Street on South Beach. One block off Collins Ave (A1A), adjacent to Lummus Park and the Art Deco Historic District. Across from Front Porch Cafe, Z Hotel, Drake Hotel, and The Betsy Hotel.
Building Details
- Structure Type: Retail
- Covered Spaces: 0
Amenities & Features
- Parking Features: Covered,Garage
- Parking Total: 6
- Waterfront Features: OceanAccess,OceanFront
Miscellaneous
- List Office Name: Compass Florida, LLC.
- Listing Terms: Cash,Conventional,Exchange1031
- Attribution Contact: 305-632-7195
Ask our real estate expert about this property
This Retail-type commercial real estate is located in CU-104, 1451, Ocean Dr, Miami Beach, FL, 33139 was built in 1998, and is listed at $4,650,000.