1451 Ocean Dr #CU-102 ,Retail for Sale & Rent

1451 Ocean Dr #CU-102 for Sale & Rent

Price $4,650,000.00

• Lot size 2623
• Year Build 1998
• Waterfront Ocean Access, Ocean Front
• Zip 33139
• Style
• Parking Description Covered, Garage, Garage-Under Building
• Pool Yes
• Status Active

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

List Price includes CU104 and CU102. Sold Together Only. Contact listing agent for more details.

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

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

City:Miami Beach,Zoning:6501,List A O R:A-Miami Association of REALTORS,Latitude:25.7870464,Lease Term:4 To 6 Year Lease,List Price:4650000,Listing Id:A11605010,Longitude:-80.1290537,Mls Status:Active,Year Built:1998,Directions:Intersection of Ocean Drive and 15th Street on South Beach. One block off Collins Ave (A1A), adjacent to Lummus Park and the Art Deco Historic District. Across from Front Porch Cafe, Z Hotel, Drake Hotel, and The Betsy Hotel.,Postal Code:33139,Street Name:Ocean Dr,Tenant Pays:1:Electricity,2:Inside Insurance,3:Interior Maintenance,4:Real Estate Tax,5:Sales Tax,Unit Number:CU-102,Coordinates:1:25.7870464,Photos Count:36,Business Type:1:Retail Space,Days On Market:143,Listing Terms:1:Conventional/Refinance,2:Exchange,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2024-05-27,Parcel Number:02-32-34-165-0030,Parking Total:6,Property Type:Commercial Sale,Street Number:1451,Waterfront Y N:1,Public Remarks: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,County Or Parish:Miami-Dade County,List Office Name:Compass Florida, LLC.,Private Remarks:List Price includes CU104 and CU102. Sold Together Only. Contact listing agent for more details.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:Garage,2:Garage-Under Building,Postal Code Plus4:4105,Property Sub Type:Retail,State Or Province:FL,Tax Annual Amount:20962,Unparsed Address:1451 Ocean Dr # 102, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,Building Area Total:579,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:2623,Original List Price:4650000,Public Survey Range:32,I D X Participation Y N:1,Syndication Remarks: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,Waterfront Features:1:Ocean Front,Listing Contract Date:2024-05-27,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:1451,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,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Stabilized Income. For Sale, two retail condos at the prestigious Shoppes of Il Villaggio on Ocean Drive promise continued growth and profitability.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-05-27,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),M I A M I R E_ Attribution Contact:305-632-7195,Internet Entire Listing Display Y N:1,