Commercial Real Estate Property For Sale In Miami Beach

1451 Ocean Dr Miami Beach, FL 33139
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$4,650,000

  • 1998 Year Built
  • May 27, 2024 Listing Date

MLS #

:

A11605010

Price

:

$4,650,000

Status

:

Listing Date

:

May 27, 2024

Square Footage

:

Not Available

County

:

Miami-Dade County

Square Footage

:

Not Available

Year Built

:

1998

Taxes

:

$20,962 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

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

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