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Gelfand Realty Miami Properties for Sale - Retail for Sale

1451 OCEAN DR #CU-102, MIAMI BEACH, FL 33139

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Retail - for Sale

1451 OCEAN DR #CU-102, MIAMI BEACH, FL 33139

Asking Price$4,650,000

  • Days on market:

    255 day(s)
  • Original Price:

    $4,650,000
  • Tax Legal Description:

    SHOPPES OF IL VILLAGGIO CONDO UNIT CU-102 UNDIV 3.94% INT IN COMMON ELEMENTS OFF REC 22978-4816 COC 23056-4680 01 2005 1
  • Property Type:

    Retail
  • Parking:

    Garage-Under Building Covered Garage
  • Waterfront:

    Yes
  • Waterfront Description:

    Ocean FrontOcean Access
  • Lease Term Remaining:

    4 To 6 Year Lease
  • Special Listing Conditions:

    Sale

Description

$4,650,000 • waterfront access

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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