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1 Collins Ave
Miami Beach, FL 33139
One Ocean · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Ideal for restaurant use with restaurant ready shell
- Frontage is 250' directly facing most expensive prestigious condo tower in Miami the Continuum, Catch & Nikki Beach
- Highest income neighborhood in the country
EXECUTIVE SUMMARY
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. Property Brochure: https://facommercial.com/properties/?propertyId=1097749-sale Property Video: https://www.youtube.com/watch?si=1DsdO1d9JiskQy_u&v=oTpxC2SDenw&feature=youtu.be
PROPERTY FACTS
| Total Building Size | 186,847 SF | Typical Floor Size | 3,571 SF |
| Property Type | Multifamily (Condo) | Year Built | 2016 |
| Property Subtype | Apartment | Lot Size | 1.33 AC |
| Building Class | A | Parking Ratio | 0.08/1,000 SF |
| Floors | 7 | ||
| Zoning | 6504, 6502 | ||
| Total Building Size | 186,847 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 7 |
| Typical Floor Size | 3,571 SF |
| Year Built | 2016 |
| Lot Size | 1.33 AC |
| Parking Ratio | 0.08/1,000 SF |
| Zoning | 6504, 6502 |
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
1 UNIT AVAILABLE
Unit CU 1&2
| Unit Size | 14,624 SF | Sale Type | Investment or Owner User |
| Condo Use | Retail | No. Parking Spaces | 2 |
| Unit Size | 14,624 SF |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
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
Units can be leased all together or separate
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 Permitting & approvals
Frontage is 250' directly facing most expensive prestigious condo tower in Miami the Continuum, Catch & Nikki Beach
+7 More
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UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 50 | - | 736 |
