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Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale

5445 COLLINS AVE #CU14, MIAMI BEACH, FL 33140

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Income/MultiFamily - for Sale

5445 COLLINS AVE #CU14, MIAMI BEACH, FL 33140

Asking Price$3,850,000

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  • Days on market:

    3 day(s)

  • Original Price:

    $3,850,000

  • Tax Legal Description:

    CASTLE BEACH CLUB CONDO UNIT CU14 UNDIV 0.000597% INT IN COMMON ELEMENTS OFF REC 15285-1869 OR 19909-2469 0801 2

  • Property Type:

    Income/MultiFamily

  • Special Listing Conditions:

    Sale

Description

$3,850,000

Cu14 at castle beach club condominium is a versatile, revenue-generating mixed-use space that combines retail, service, and storage functions. it features four key commercial areas in the lobby: front desk space – leased to a travel agency, generating consistent rental income. convenience store – a licensed retail space (liquor, merchandise, tobacco, food, and catering), enhancing its commercial value. art studio – a creative workspace located behind the convenience store. vending machine area – strategically positioned for passive income from vending machines, an atm, and other sources. cu14 includes five storage sections in the garage and limited common elements on floors 4 to 17, including shared garbage chute rooms and exclusive electrical panel rooms for operational independence.

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