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1 Collins Ave - GENERATIONAL CORNER RETAIL RESTAURANT
14,000 SF Retail Condo Unit Offered at $16,990,000 in Miami Beach, FL 33139
Investment Highlights
- Ideal for restaurant use with restaurant ready shell
- Highest income neighborhood in the country
- Grease trap in place
Executive Summary
FA Commercial presents restaurant/retail condo located in the luxury One Ocean residential building located in the coveted South of Fifth neighborhood. The property is surrounded by high-end retail and residential towers, and is just a short walk from the South Pointe Park & the entrance to the beach.
Property Facts
1 Unit Available
Unit CU 1&2
| Unit Size | 14,000 SF | Condo Use | Retail |
| Price | $16,990,000 | Sale Type | Investment or Owner User |
| Price Per SF | $1,213.57 | Sale Conditions | 1031 Exchange, Lease Option |
| Unit Size | 14,000 SF |
| Price | $16,990,000 |
| Price Per SF | $1,213.57 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Sale Conditions | 1031 Exchange, Lease Option |
Description
Introducing GENERATIONAL ASSET at 1 COLLINS AVENUE, a prime retail property in the heart of Miami Beach, offering a rare investment opportunity. Boasting 14,000 SF of space with exceptional visibility, this vacant building is ideal for retail or street retail investors. The property's flexibility to be subdivided into multiple spaces makes it versatile for various end users or investors. Equipped with a grease trap and an outdoor area, it is ready for a restaurant business. Save time with already approved CUP for restaurant use. The property stands out with 250' of frontage facing prestigious condo towers like the Continuum, Catch & Nikki Beach, surrounded by renowned high-end restaurants. Don't miss the chance to own a property in the highest income neighborhood in the country. Explore the potential of this well-positioned property in a thriving area. Contact for pricing details and to seize this exceptional opportunity.
Sale Notes
CU 1 & CU 2 can potentially be sold separately
Ideal for restaurant use with restaurant ready shell
Grease trap in place
Highest income neighborhood in the country
CUP approved For restaurant has already been approved, save over a year in Permiting & approvals
Frontage is 250' directly facing most expensive prestigious condo tower in Miami the Continuum, Catch & Nikki Beach .
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 50 | - | 736 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Oven
- Sprinkler System
- Tub/Shower
- Views
- Yard
- Loft Layout
Site Amenities
- 24 Hour Access
- Business Center
- Clubhouse
- Concierge
- Fitness Center
- Pool
- Waterfront
- On-Site Retail
- Roof Terrace
- Elevator
- Zen Garden
zoning
| Zoning Code | 6504, 6502 |
| 6504, 6502 |
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1 Collins Ave - GENERATIONAL CORNER RETAIL RESTAURANT
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