Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

INCOME-PRODUCING RETAIL PROPERTY FOR SALE!! OFFERING MEMORANDUM: rnhttps://bit.ly/19390CollinsAveCU3rnrn19390 Collins Ave presents a prime investment opportunity: with current gross income of $4,379/month, property delivers an actual CAP rate of over 6% and potential to double it. Existing strong Lease Agreement protecting the Landlord, allows for 10 years of occupancy and a stable flow of income from the property. Property allows for business expansion and additional business opportunities with prime location on Collins Avenue, lack of retail condo inventory in the area, 45,000 VPD traffic count, easy access to major roads, prestigious complex with total 1200 units across the street from the ocean.

Features
: Central Electric, Central Building A/c
: Central Building A/c
: 3
: Handicap Accessible, Kitchen Facilities, Private Restrooms, Rear Access, Automobile Traffic, Barbeque, Coffee Shop, Pool
: 110 Volts Power, Other Electric
: Vinyl, Concrete
: City Location, Beach Access, In Residential Area
: Assigned, Valet, Free Parking
: Concrete
: Smoke Detector(s), Security Guard, Security System, Security Gate, Other Fire Protection, Smoke Alarm
: Public Sanitation
: Ocean Access, Canal Front, Intracoastal Front
Address Details
FL
Miami-Dade County
Sunny Isles Beach
33160
19390 Collins Ave
Oceanview Building A Condo
0
Other
$728
Annually
: Cbs Construction, Insulated
25
: Bay
: Dock Available, Private Dock, Leases, Wifi Available, Building Only
: 4 To 6 Year Lease
: All Cash, Conventional/refinance, Options Available, Other Lease Terms
: Whole House Permanent Generator
: New Construction
: City Street, Interstate
1
: Sale
16
: Commercial Condo, Commercial, Office/retail, Retail, Other Building Type, Restaurant
$444
2021
: Public
4000

Commercial Sale For Sale

Oceanview Building A Condo

19390 Collins Ave, Sunny Isles Beach, Florida 33160

1,059 Sqft
$750,000
Listing ID #A11183048
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11183048
Price : $750,000
Year Built : 1971
Lot Area : 1,059 Sqft
Building Area : 1,059 Sqft
Status : Active
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