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$ 4,650,000
Est. payment | /mo
2,623 Sqft Lot
$ 4,650,000
Est. payment | /mo
2,623 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11394538
Year Built 1998
Annual Tax Amount $20,962
Lot Size 2,623 Sqft
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
Location
State FL
County 12086
Rooms
Kitchen 0
Others
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11605010
Nearby Locations
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Barb Schlinker
Broker / Owner | License ID: 40004572