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49 Collins Ave
Miami Beach, FL 33139

Upland Restaurant Commercial Condo · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
9,284 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.71
Lot Size
0.30 AC
Zoning
6502
Parking
180 Spaces

ABOUT 49 COLLINS AVE , MIAMI BEACH, FL 33139

Marcus & Millichap has been selected to exclusively market for sale the Upland Restaurant Commercial Condominium, a 9,284-square-foot single tenant, trophy asset located at 49 Collins Avenue in heart of the exclusive South of Fifth submarket of Miami Beach. The new construction ground floor property sits below a 180-space garage that services the local area. Upland Restaurant is a leading concept of Starr Restaurants Organization, one of the nation’s top upscale food and beverage service providers, led by Steven Starr. A few of Starr Restaurant Organizations concepts include Budakkan, The Continental, Alma de Cuba, Pan Asian Cuisine and many more. Upland Miami Beach, which also has a Manhattan location, has seen rave reviews and incredibly high customer traffic from both the local South Beach residential community and the many tourists that visit from out of state via the cruise line industry. Upland Restaurant Commercial Condominium is a rare investment opportunity that allows an investor strong cash flow with minimal management responsibilities and strong annual rent increases. The South of Fifth commercial retail market remains one of the most dynamic and growing rental markets in all of Florida.

PROPERTY TAXES

  • Listing ID: 10954624

  • Date on Market: 12/13/2017

  • Last Updated:

  • Address: 49 Collins Ave, Miami Beach, FL 33139