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| Code: | 8150G22 |  |
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| City: | Miami Beach | |||
| Retail Type: | ||||
| Price: | $ 6,499,999 | |||
| Cap. Rate: | ||||
| Tenancy: | ||||
| Retail Sq.Ft.: | 0 | |||
| Lot. Area Sq. Ft.: | 0.1 | |||
| Parking: | ||||
| Year: | 1947 | |||
| Opportunity to acquire a South Beach asset at a significant discount with various leasing and redevelopment opportunities.? The property is comprised of one three-story retail/office building totaling 8,602 SF positioned on a 0.10 AC parcel ( 4,000 SF). This unique property is positioned in a world-class trophy location offering an unprecedented amount of value for investors with immediate value add via repositioning and long term lease-up at market rates.. The Property has favorable/flexible CD-3 zoning (Commercial High-Intensity District), and offers a redevelopment opportunity into a mixed use retail/office asset by maximizing the allowed 2.75 floor area ratio (FAR). | ||||
Data provided is deemed reliable but not guaranteed. Casa Miami Realty is not responsable for the accuracy of the information listed above. The date relating to real estate for sale, rent or sold on this web site comes from the Internet Data Exchange Program, and is provided here for consumers personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchising. |
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