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The Webster 1220 Collins Ave 20,232 SF Retail Building Miami Beach, FL 33139 For Sale
EXECUTIVE SUMMARY
1220 Collins Avenue - a rare opportunity to acquire a single-tenant Art Deco treasure in the heart of South Beach. Formerly a hotel, the building underwent a multi-million dollar renovation and now features three levels of retail space that can accommodate a variety of uses. It is fully leased to a single luxury retail tenant.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
20,232 SF
Building Class
C
Year Built/Renovated
1937/2000
Tenancy
Single
Building Height
3 Stories
Building FAR
2.90
Lot Size
0.16 AC
Zoning
6501 - Parks and Recreation
Parking
3 Spaces (0.19 Spaces per 1,000 SF Leased)
Frontage
49’ on A1A Jimmy Buffett Memoria
AMENITIES
- Accent Lighting
- Air Conditioning
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-3234-008-1060 | Improvements Assessment | $4,510,000 |
| Land Assessment | $3,500,000 | Total Assessment | $8,010,000 |
PROPERTY TAXES
Parcel Number
02-3234-008-1060
Land Assessment
$3,500,000
Improvements Assessment
$4,510,000
Total Assessment
$8,010,000
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The Webster | 1220 Collins Ave
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