3801 Collins Ave
Miami Beach, FL 33140

High traffic retail condo, ±476 SF unit at 3801 Collins Avenue located in Miami Beach, Florida. This street-level retail/office condo is located as part of the Mosaic (facing Collins), a premier oceanfront condominium with 1 parking space & storage within the Mosaic condominium building. Mosaic is an oceanfront luxury mid-rise condominium with just 84 residences with a beachfront ambiance within Miami Beach's legendary Historic District, surrounded by breathtaking views of the Atlantic, Intracoastal Waterway, and Miami's ever-changing skyline. This oceanfront building was built in 2007, offers unparalleled amenities, and features high impact windows and doors. Significant upside in an unmatched location on Collins Avenue. Miami Beach, America’s Riviera, is one of the most popular destinations in the world for tourists and investors alike. The island city of just over 7 square miles separates Biscayne Bay from the waters of the Atlantic Ocean and it offers a diverse mix of arts and entertainment, shopping and dining, as well as its signature sun and miles of white sand beaches. Offering easy access to Miami and Ft. Lauderdale International Airports and proximity to South Beach and downtown, Mosaic's Miami Beach location appeals to both the jet setter and local professional. The property benefits from its location in a high traffic area with ±34,272 VPD on Collins (2020) and offers excellent accessibility and foot traffic with a Walk Score® of Very Walkable (84) and Transit Score® of Good Transit (58). The Property is ideally located in a robust trade area and offers excellent accessibility and easy highway access in an amenity-rich market within close proximity to restaurants, shopping, hotel, and entertainment. The Property is located in a high growth area with ±21.04% growth from 2010-2020 and an anticipated ±4.95% growth from 2020-2025. The Property has extremely dense demographics with a 2019 population estimate of ±205,452 with an AHHI of $92,440 (5-mile radius). The Property is positioned near a diverse group of area business/industry produces significant daytime traffic with nearly 145K employees within a 5-mile radius. The Property represents a great value-add investment opportunity and offers various value enhancement possibilities with strategic positioning on Collins Avenue, one of the world’s top destinations for travel, entertainment & dining in Miami Beach.