EXECUTIVE SUMMARY
1661 West Avenue presents a premier acquisition opportunity in the heart of a resilient corridor in Miami Beach. Anchored by the United States Postal Service (USPS), the asset provides immediate sovereign credit cash flow. Beyond NOI, this site offers a rare canvas for a visionary investor to shape the future of Miami Beach, contributing to the continued evolution and sophistication of this world-class destination.
INVESTMENT HIGHLIGHTS
Credit-Tenant Stability: Current operations are anchored by the USPS, providing a recession-resistant income stream and notable downside protection.
Infrastructure Injection: The site is a beneficiary of "The Public Infrastructure Injection" ("The Miami Beach Phase II"). This includes comprehensive street raising and modernized utility mains, designed to enhance long-term property resilience and value.
Strategic Potential: Located within an established and evolving corridor, the property is positioned for a transformative play, leveraging its proximity to national retailers and the ongoing revitalization of the West Avenue district.
Connectivity: The site is steps from the Lincoln Road Mall, Venetian Causeway, and Trader Joe's.
LOCATION & MARKET DYNAMICS
The West Avenue corridor continues to evolve as a luxury district for residents, professionals, and visitors.
Locational Synergy: Immediate neighbors include flags like Publix on the Bay, The Fresh Market, and the 17 WEST development.
Institutional Drivers: Proximity to the Miami Beach Convention Center ensures a constant influx of tourism and professional traffic.
THE "DEAL ROOM" & DUE DILIGENCE
Qualified investors may access the Confidential Document Vault upon execution of a Confidentiality Agreement (CA). Restricted files include:
U.S. POSTAL SERVICE (USPS) LEASE
HISTORICAL 3-YEAR OPERATING STATEMENTS (2023-2025)
THE FULL OFFERING MEMORANDUM
DISCLOSURE & CONTACT
SHAPTOWN
Lead Associate: Joel Shapori, Licensed Real Estate Sales Associate (FL).
Brokerage: SHAPTOWN.