Date added Added 3 weeks ago	Category Retail	Type Commercial Sale	Status Active
Lot size, sq ft 2623 sq ft	Year built 1998	LeaseTerm 4 To 6 Year Lease,Renewal Option	ListOfficeName Compass Florida, LLC.
UnitNumber CU-104	ListAOR Miami Association of REALTORS®	MLS ID A11600603

Description:
Invest in prime commercial retail condos CU-104 and CU-102 at the prestigious Shoppes of Il Villaggio on Ocean Drive, Miami Beach. These units, positioned on the bustling South Beach oceanfront, benefit from high visibility and significant foot traffic, surrounded by upscale retailers, hospitality, and restaurant venues. Steps from The Collins, a $47M redevelopment project of the Historic Bancroft Hotel.

Both units, totaling 2,623 SF, are occupied by a fine arts gallery under a 5-yr lease with a renewal option, for steady revenue and enhancing the property's prestige. Listed at $4.65M for both units, this high-end investment opportunity promises continued growth and profitability in a sought-after market.

- CU-102 MLS #: A11605010
- CU-104 MLS #: A11600603

Directions: Intersection of Ocean Drive and 15th Street on South Beach. One block off Collins Ave (A1A), adjacent to Lummus Park and the Art Deco Historic District. Across from Front Porch Cafe, Z Hotel, Drake Hotel, and The Betsy Hotel.
CountyOrParish: Miami-Dade County