Miami Beach, FL 33139 1451 Ocean Dr CU-102
$4,650,000
31 more
Presented By: This listing is courtesy of Compass Florida, LLC.; 305-632-7195
SQFT • 579
Garage • 1
Home Details
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
Presented By: This listing is courtesy of Compass Florida, LLC.; 305-632-7195
Interior Features for 1451 Ocean Dr CU-102
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 1451 Ocean Dr CU-102
Additional Parcels Y/NNo
Attached Garage No
AttributionContact305-632-7195
Carport Y/NNo
CityMiami Beach
CountyMiami-Dade
DirectionsIntersection 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 Hote
Electric On Property Y/NNo
Garage Y/NYes
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lease TypeNnn
Legal DescriptionSHOPPES OF IL VILLAGGIO CONDO UNIT CU-102 UNDIV 3.94% INT IN COMMON ELEMENTS OFF REC 22978-4816 COC 23056-4680 01 2005 1
Listing TermsCash, Conventional, Exchange1031
Lot Size Square Feet2623.0
Lot Size UnitsSquareFeet
MLS Area32
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeVacant
PostalCityMiami Beach
Property Attached Y/NNo
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Structure TypeRetail
Tax Annual Amount20962.0
Tenant PaysCommonAreaMaintenance, Electricity, Insurance, MinorInteriorMaintenance, OtherTax, Taxes
Unit NumberCU-102
Virtual TourClick here
Waterfront FeaturesOceanAccess, OceanFront
Waterfront Y/NYes
Year Built1998
Zoning Description6501
Exterior for 1451 Ocean Dr CU-102
Building Area Total579.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area2623.0
Open Parking Y/NNo
Parking FeaturesCovered, Garage
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking6.0
Additional Details
Price History
Jose Luis Galindo
Realtor®
