721 Collins Ave - Storefront CONDO FOR SALE


Miami Beach, FL 33139- Lummus Park
$6,800,000 USD
305-374-3434
721 Collins Ave, Miami Beach, FL for Sale
$6,800,000 USD
Storefront CONDO - FOR SALE
1/74
null | Request Cap Rate

721 Collins Ave
Miami Beach, FL 33139
Lummus Park


HIGHLIGHTS

  • 50 FT of frontage on Collins Avenue
  • 12 FT ceiling heights
  • Prime South Beach location with exceptional pedestrian traffic

OVERVIEW

Property has historically operated as retail and currently includes only a basic kitchenette. Any food and beverage use would likely require buyer/tenant verification of plumbing capacity, grease interceptor requirements, City of Miami Beach plumbing permits, and Miami-Dade FOG permitting.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$1,034 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

6,575 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,013 SF

ZONING

MXE

APN/PARCEL ID

02-4203-004-0220

ASK ABOUT THIS PROPERTY

Eddy MartinezCervera Real EstateMore Info
305-374-3434

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Eddy MartinezCervera Real EstateMore Info
305-374-3434

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