1451 Ocean Dr Unit #CU-102, Miami Beach, FL 33139

$4,650,000
List Price
$4,650,000
MLS#
A11605010
Status
ACTIVE
Type
Commercial

Property Description

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 - CU-104 MLS #: A11600603

Additional Information

Days on Market
50
Waterfront Description
Ocean Access, Ocean Front
Tax Amount
$20,962
Parcel Number
02-32-34-165-0030
Lot Size
2,623
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.
Address
1451 Ocean Dr Unit #CU-102, Miami Beach
Year Built
1998
Section
34

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Calculator source: Real Geeks

Listing Courtesy of Compass Florida, LLC., Contact: 305-632-7195