Own a piece of Ocean Drive on South Beach! Rare commercial opportunity in The Shoppes of Il Villaggio with high foot traffic. Adjacent to the upcoming $47 million development of the historic Bancroft Hotel building conversion into Class A office space. Get in on the ground floor as South Beach reaches a new level of luxury. Conveniently located one block off Collins Ave (A1A), near Lummus Park & the Art Deco Historic District in South Beach.rnrnFor Sale and For Lease. Prime Retail Space, first floor consists of 2,044 SqFt interior w/expansive 2-tier balcony for outdoor seating use; Vacant & ready for multiple uses such as hoodless restaurant, bar, retail, bank, etc. 2 beach access points. Surrounded by high-performing retailers and upscale hospitality.