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
MLS# | A11600603 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Year | 1998 |
Days On Site | 241 |
Listing Provided By | Compass Florida, LLC. | Jesse Spencer |
SQ Feet | 2,044 |
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Zoning | 6501 |
Acreage | 2623.00 |
Water Front | Yes |
State | FL |
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County | Miami Dade |
City | Miami Beach |
Zip Code | 33139 |
Area | 32 |
Listing VS Median (in 33139) | |
Price: $4,650,000 low | high Med: $250,000 SqFt: 2,044 low | high Med: 550 $ / SqFt: $2,275 low | high Med: $457 On Site: 241 low | high Med: 22.000000 |