USD 4,230,000

19370 Collins Ave CU1,2,3,4
Sunny Isles Beach, Florida 33160

For Sale

Property Description

Own the only retail strip center available for purchase in Sunny Isles Beach on world famous Collins Avenue.Total of 4 spaces that can be upgraded to 7 stores. CU1 space can be subdivided in 2 with Over $200,000 in upgrades. Italian porcelain floors, over 12" high ceilings.Cap rate 5% Possibility for a 2 yr + rent guaranteed or delivered vacant. Lowest CAM in the area, reduced electricity bill due to the AC chiller system in the building. Water/high speed internet and cable included in the maintenance fee. 1 Storage Unit, 1 Pool Cabana and 5 assigned parking spaces + valet parking+ public city garage with unlimited parking. Access to gym, tennis and pool included in cam. Prime location next to Golden Beach , minutes from Aventura Mall.

Listed by Lumer Real Estate

Property Details

ID #
A11203965
Status
Sale
Type
Commercial, Industrial, Retail
Zip Code
33160
Year Built
1972
Parking Spaces
5
Building Feature
Air Conditioning, Doorman/guard, Smoke alarms
Ceiling
Ceiling Height Varies
Construction
CBS Construction
Occupancy
Tenant Occupied
Parking
Assigned Parking, Guest Parking, Other Parking
Road Type
Two Lane
Storm Protection
High Impact Door
Type of Building
Strip Store
Utilities
Internet
Zoning Information
4000
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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