1451 Ocean Dr # 102 Miami Beach FL 33139 MLS #A11605010

1451 Ocean Dr # 102
Miami Beach, FL, 33139
$4,650,000
Beds
0 Baths
579 SqFt
0 Acres
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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

Property Details

Price:
$4,650,000
MLS #:
A11605010
Status:
Active
Beds:
0
Baths:
0
Address:
1451 Ocean Dr # 102
Type:
Commercial
Subtype:
Retail
City:
Miami Beach
Listed Date:
May 27, 2024
State:
FL
Finished Sq Ft:
579
ZIP:
33139
Year Built:
1998
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Parking Features
Covered, Garage, Garage- Under Building
Parking Spots
6

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Buyer Agent Compensation
2.5%%
Taxes
$20,962

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