1451 Ocean Dr # 104, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale

  • $4,650,000
1451 Ocean Dr # 104, Miami Beach FL 33139
Commercial Sale Active

1451 Ocean Dr # 104, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale

1451 Ocean Dr # 104, Miami Beach FL 33139
  • $4,650,000

Overview

  • Retail
  • Property Type
  • 1998
  • Year Built

Description

Invest in prime commercial retail condos CU-104 and CU-102 at the prestigious Shoppes of Il Villaggio on Ocean Drive, Miami Beach. These units, positioned on the bustling South Beach oceanfront, benefit from high visibility and significant foot traffic, surrounded by upscale retailers, hospitality, and restaurant venues. Steps from The Collins, a $47M redevelopment project of the Historic Bancroft Hotel.

Both units, totaling 2,623 SF, are occupied by a fine arts gallery under a 5-yr lease with a renewal option, for steady revenue and enhancing the property’s prestige. Listed at $4.65M for both units, this high-end investment opportunity promises continued growth and profitability in a sought-after market.

– CU-102 MLS #: A11605010
– CU-104 MLS #: A11600603

  • Address Ocean Dr
  • City Miami Beach
  • State/county Miami-Dade County
  • Zip/Postal Code 33139

Details

Updated on June 13, 2024 at 6:18 pm
  • Property ID: A11600603
  • Price: $4,650,000
  • Year Built: 1998
  • Property Type: Retail
  • Property Status: Commercial Sale

Additional details

  • PublicSurveyRange: 32
  • ShowingInstructions: 24 Hour Notice,Appointment Only,Call Listing Agent
  • CoListAgentDirectPhone: 786-708-9945
  • ListAgentKey: 39004a4ec738c3d6d54b85db53bc782a
  • TaxLegalDescription: SHOPPES OF IL VILLAGGIO CONDO UNIT CU-104 UNDIV 13.92% INT IN COMMON ELEMENTS OFF REC 22978-4816 COC 26324-1388 04 2008 1
  • OnMarketDate: 2024-05-27
  • ListAgentEmail: jesse.spencer@compass.com
  • ContractStatusChangeDate: 2024-05-27
  • MajorChangeTimestamp: 2024-06-11T22:57:58.513Z
  • PhotosCount: 36
  • WaterfrontFeatures: Ocean Access,Ocean Front
  • SubAgencyCompensation: 2.5%
  • StatusChangeTimestamp: 2024-06-11T22:57:58.513Z
  • CoListOfficeName: Compass Florida, LLC.
  • PriceChangeTimestamp: 2024-06-04T16:04:03.507Z
  • ListingKeyNumeric: 396731168
  • MajorChangeType: New
  • ListingContractDate: 2024-05-27
  • CoListOfficeKey: 8a1a44b458b700716e0254a98b293ce2
  • Zoning: 6501
  • ListAOR: A-Miami Association of REALTORS
  • ListOfficeName: Compass Florida, LLC.
  • OriginatingSystemKey: miamire
  • BusinessType: Commercial/Residential Income,Retail Space
  • PhotosChangeTimestamp: 2024-06-11T23:02:43.156Z
  • RoadFrontageType: City Street
  • OriginatingSystemName: Miami Association of REALTORS®
  • ListOfficePhone: 305-851-2820
  • MlsStatus: Active
  • StreetNumber: 1451
  • CoListOfficeMlsId: COMP01
  • LeaseTerm: 4 To 6 Year Lease,Renewal Option
  • ListingKey: 7882b0f1680c7d54a85db5f59ee2a68a
  • StateOrProvince: FL
  • ShowingContactType: Agent
  • CoListAgentEmail: jemea.kingsby@compass.com
  • ListOfficeKey: 8a1a44b458b700716e0254a98b293ce2
  • Directions: Intersection of Ocean Drive and 15th Street on South Beach. One block off Collins Ave (A1A), adjacent to Lummus Park and the Art Deco Historic District. Across from Front Porch Cafe, Z Hotel, Drake Hotel, and The Betsy Hotel.
  • BridgeModificationTimestamp: 2024-06-13T15:37:18.318Z
  • ListAgentFullName: Jesse Spencer
  • ParkingTotal: 6
  • ListAgentOfficePhone: 305-851-2820
  • ParcelNumber: 02-32-34-165-0050
  • ListingTerms: All Cash,Conventional/Refinance,Exchange
  • LeaseRenewalOptionYN: 1
  • OtherExpense: 0
  • CoListAgentOfficePhone: 305-851-2820
  • LeaseConsideredYN: 1
  • IDXParticipationYN: 1
  • InternetAddressDisplayYN: 1
  • ListAgentMlsId: 3282789
  • ModificationTimestamp: 2024-06-13T15:35:12.610Z
  • OriginatingSystemID: miamire
  • DaysOnMarket: 17
  • UnitNumber: CU-104
  • TransactionBrokerCompensation: 2.5%
  • BuyerAgencyCompensationType: %
  • ListOfficeMlsId: COMP01
  • Inclusions: Leases
  • ListAgentDirectPhone: 305-632-7195
  • CoListAgentFullName: Jemea Kingsby
  • CoListAgentKey: 8f75dd4ea473f01cd47dc89cf9790069
  • StreetNumberNumeric: 1451
  • CoListAgentStateLicense: 3466947
  • ParkingFeatures: Covered,Garage,Garage-Under Building
  • PostalCodePlus4: 4105
  • NumberOfUnitsInCommunity: 0
  • SyndicationRemarks: Invest in prime commercial retail condos CU-104 and CU-102 at the prestigious Shoppes of Il Villaggio on Ocean Drive, Miami Beach. These units, positioned on the bustling South Beach oceanfront, benefit from high visibility and significant foot traffic, surrounded by upscale retailers, hospitality, and restaurant venues. Steps from The Collins, a $47M redevelopment project of the Historic Bancroft Hotel. Both units, totaling 2,623 SF, are occupied by a fine arts gallery under a 5-yr lease with a renewal option, for steady revenue and enhancing the property's prestige. Listed at $4.65M for both units, this high-end investment opportunity promises continued growth and profitability in a sought-after market. - CU-102 MLS #: A11605010 - CU-104 MLS #: A11600603
  • ListAgentStateLicense: 3282789
  • CoListAgentMlsId: 3466947
  • PublicSurveyTownship: 32
  • ListingAgreement: Exclusive Right To Sell
  • PublicSurveySection: 34
  • SpecialListingConditions: Sale
  • OriginalListPrice: 4650000
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • BuyerAgencyCompensation: 2.5%
  • InternetAutomatedValuationDisplayYN: 1
  • OriginalEntryTimestamp: 2024-06-11T22:57:58.513Z
  • SourceSystemKey: 396731168
  • ListOfficeURL: https://listings.mariocotera.com/sites/ykobvrb/unbranded
  • LotSizeSquareFeet: 2623
  • TenantPays: Common Area Maintenance,Inside Insurance,Management,Interior Maintenance,Real Estate Tax,Sales Tax
  • InternetConsumerCommentYN: 1
  • CoListOfficePhone: 305-851-2820
  • BuildingAreaTotal: 2044
  • TransactionBrokerCompensationType: %

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