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919 Collins Avenue, Miami Beach, FL

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919 Collins Avenue

Miami Beach, FL 33139-5077 - Miami Beach Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1934
Building Size:7,941 SF Land Area:.18 AC (7,701 SF)
For Sale Price:$7,700,000 Price/SF:$969.65
Cap Rate:6.60 %
Parking:2 Surface spaces are available; Ratio of .26/1,000 SF

Property Description: Multi Family - 5 Units

Sale Notes:
SOUTH BEACH TROPHY RETAIL BUILDING in a prime, high-traffic Collins Avenue location in the heart of the Art Deco shopping and entertainment district. Renovated historic building and new construction with central air, sprinkler system and elevator. Money-making, free-standing commercial property with 3 NNN tenants, steps from Ocean Drive. Rare opportunity to buy turnkey Collins Avenue retail with triple net tenants for less than $1,000 per square foot. Ideal for investor or end-user. Mixed-use entertainment (MXE) zoning allows for retail, restaurant, hotel and more in a world-class destination. Please do not disturb tenants!

One Sotheby's International
Susan Gale
(305) 538-9711

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