1560 Lenox Ave - Office CONDO FOR SALE


Miami Beach, FL 33139- Flamingo
$2,600,000 USD
305-215-4522
1560 Lenox Ave, Miami Beach, FL for Sale
$2,600,000 USD
Office CONDO - FOR SALE
1/53
null | Request Cap Rate

1560 Lenox Ave
Miami Beach, FL 33139
Flamingo


HIGHLIGHTS

  • ±3,000 SF ground floor corner retail space
  • Modern showroom buildout - includes kitchenette and full bathroom
  • Located on corner of Lenox Avenue and 16th Street, Miami Beach
  • One block south of Lincoln Road Mall (12M visitors/year)

OVERVIEW

Situated on the corner of 16th Street and Lenox Avenue, directly across from Yardbird, one block south of Lincoln Road. The property is built out as a showroom. The space is presently leased to Jessie Boutique, ensuring a steady flow of income through 4/30/2028. • Beautiful modern showroom. Previous tenant spent thousands of dollars on a gorgeous buildout. • Located in a high-density area with affluent residents • Fully leased until 4/30/2028 to JessieBoutique. • Tenant pays under market rent. Rent available upon request. • Ideal for value-add investors or owner/users.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$929 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

30,370 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

CD-1, Miami Beach

APN/PARCEL ID

02-3234-186-0130,02-3234-186-0140

ASK ABOUT THIS PROPERTY

Jonathan CarterColliersMore Info
305-215-4522

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Jonathan CarterColliersMore Info
305-215-4522

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