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1111 SW 1st Ave - Retail For Sale Axis Brickell 2,948 SF Retail Condo Unit Offered at $4,901,820 in Miami, FL 33130
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1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 2 |
| Cap Rate | 5.00% | APN/Parcel ID | 01-0208-060-1152 |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 01-0208-060-1152 |
Description
Axis on Brickell is a two tower luxury residential condominium complex built in 2008 in the heart of Brickell. The property consist of 788 residential units and 5 retail condo units. The property is centrally located along SW 1st Ave with the north tower on SW 11th St and the south tower on SW 12th St.
Retail C which is leased to Coyo Taco, is on the SW corner of the property facing SW 1st Av and SW 12th St. The condo is 2,948 SF of interior area and has additional covered terrace for outside dining.
Property is within walking distance to all the action on South Miami Av and Brickell Av, and surrounded by hundreds of residential condominiums, professional offices and urban retail areas. Mary Brickell Village is one block away while Brickell City Centre is just three blocks north of the property.
Retail C which is leased to Coyo Taco, is on the SW corner of the property facing SW 1st Av and SW 12th St. The condo is 2,948 SF of interior area and has additional covered terrace for outside dining.
Property is within walking distance to all the action on South Miami Av and Brickell Av, and surrounded by hundreds of residential condominiums, professional offices and urban retail areas. Mary Brickell Village is one block away while Brickell City Centre is just three blocks north of the property.
Sale Notes
Property is being sold as investment only while being leased to Coyo Taco, a successful local operator since 2015 who's grown to expand its concept within the US, Colombia, UK and Dominican Republic.
The property is being offered with an absolute NNN lease agreement with very minimal to none landlord responsibilities. Ideal for a passive investor, anyone looking for a 1031 exchange property. Contact for further details. Do not disturb Tenant.
The property is being offered with an absolute NNN lease agreement with very minimal to none landlord responsibilities. Ideal for a passive investor, anyone looking for a 1031 exchange property. Contact for further details. Do not disturb Tenant.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit C | 2,948 SF | Retail | $4,901,820 ($1,662.76/SF) | $245,091 |
Unit C
| Unit Size |
| 2,948 SF |
| Condo Use |
| Retail |
| Price |
| $4,901,820 ($1,662.76/SF) |
| NOI |
| $245,091 |
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Unit C
| Unit Size | 2,948 SF |
| Condo Use | Retail |
| Price | $4,901,820 ($1,662.76/SF) |
| NOI | $245,091 |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 01-0208-060-1152 |
| Description | |
| Axis on Brickell is a two tower luxury residential condominium complex built in 2008 in the heart of Brickell. The property consist of 788 residential units and 5 retail condo units. The property is centrally located along SW 1st Ave with the north tower on SW 11th St and the south tower on SW 12th St. <br> Retail C which is leased to Coyo Taco, is on the SW corner of the property facing SW 1st Av and SW 12th St. The condo is 2,948 SF of interior area and has additional covered terrace for outside dining. <br> <br> Property is within walking distance to all the action on South Miami Av and Brickell Av, and surrounded by hundreds of residential condominiums, professional offices and urban retail areas. Mary Brickell Village is one block away while Brickell City Centre is just three blocks north of the property.</li></ul> | |
| Sale Notes | |
| Property is being sold as investment only while being leased to Coyo Taco, a successful local operator since 2015 who's grown to expand its concept within the US, Colombia, UK and Dominican Republic. <br> The property is being offered with an absolute NNN lease agreement with very minimal to none landlord responsibilities. Ideal for a passive investor, anyone looking for a 1031 exchange property. Contact for further details. Do not disturb Tenant.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
Site Amenities
- Business Center
- Fitness Center
- Spa
- Cabana
- Gameroom
- Media Center/Movie Theatre
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 693 - 707 |
| 2+2 | 1 | - | 967 - 1,099 |
| 3+3 | 788 | - | 1,800 |
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
1111 SW 1st Ave - Retail For Sale Axis Brickell