305-281-2186
1390 Ocean Dr, Miami Beach, FL for Sale
Restaurant CONDO - FOR SALE
1/11
null | 5% Cap Rate

1390 Ocean Dr
Miami Beach, FL 33139
Lummus Park


HIGHLIGHTS

  • Prime corner location at 14th Street and Ocean Drive, directly across from Lummus Park and the beach.
  • Approximately 70 feet of Ocean Drive frontage with expansive windows and dual entrances for maximum visibility.
  • Surrounded by luxury hotels, upscale retailers, and top-tier restaurants in Miami Beach’s most vibrant oceanfront district.
  • Currently occupied by a national franchise tenant; sale price based on a 5% capitalization rate.

OVERVIEW

The condominium is currently occupied by a national franchise tenant. The sale price is based on a 5% capitalization rate.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Leased to National Franchise | Sold at 5% Cap

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

29,137 SF

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

4100

APN/PARCEL ID

02-3234-075-0010,02-3234-075-0070,02-3234-075-0110,02-3234-075-0180,02-3234-075-0310

ASK ABOUT THIS PROPERTY

Bimal RaiFirst Commercial Management USA, Inc.More Info
305-281-2186

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Bimal RaiFirst Commercial Management USA, Inc.More Info
305-281-2186

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.