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1560 Lenox Ave 2,800 SF Retail Condo Unit Offered at $2,600,000 in Miami Beach, FL 33139
Investment Highlights
- ±3,000 SF ground floor corner retail space
- Located on corner of Lenox Avenue and 16th Street, Miami Beach
- Modern showroom buildout - includes kitchenette and full bathroom
- One block south of Lincoln Road Mall (12M visitors/year)
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Total Building Size | 30,370 SF | Typical Floor Size | 933 SF |
| Property Type | Office (Condo) | Year Built | 1953 |
| Building Class | B | Lot Size | 0.72 AC |
| Floors | 3 | ||
| Zoning | CD-1, Miami Beach - Commercial low intensity adjacent to Residencial. | ||
| Total Building Size | 30,370 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 933 SF |
| Year Built | 1953 |
| Lot Size | 0.72 AC |
| Zoning | CD-1, Miami Beach - Commercial low intensity adjacent to Residencial. |
Amenities
- 24 Hour Access
- Controlled Access
- Kitchen
- Roof Terrace
- Central Heating
- High Ceilings
- Shower Facilities
- Air Conditioning
1 Unit Available
Unit 100
| Unit Size | 2,800 SF | Condo Use | Retail |
| Price | $2,600,000 | Sale Type | Investment |
| Price Per SF | $928.57 |
| Unit Size | 2,800 SF |
| Price | $2,600,000 |
| Price Per SF | $928.57 |
| Condo Use | Retail |
| Sale Type | Investment |
Description
Ground Floor Corner retail unit at 16th Street and Lenox Avenue, directly across from Yardbird, one block south of Lincoln Road. The property is built out as a showroom. The property offers income for approximately with the present tenant having approximately 2 years remaining on its lease.
Presently built-out as a Beautiful modern showroom. Located in a high-density area with affluent residents. Ideal for investors that want to get in early on all the recently announced happenings on Lincoln Road or owner/users that wish to own as opposed to rent.
Sale Notes
Situated on the corner of 16th Street and Lenox Avenue, directly across from Yardbird, one block south of Lincoln Road. The property is built out as a showroom. The space is presently leased to Jessie Boutique, ensuring a steady flow of income through 4/30/2028.
- Beautiful modern showroom. Previous tenant spent thousands of dollars on a gorgeous buildout.
- Located in a high-density area with affluent residents
- Fully leased until 4/30/2028 to JessieBoutique.
- Tenant pays under market rent. Rent available upon request.
Ideal for value-add investors or owner/users.
Presented by
1560 Lenox Ave
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