5445 Collins Ave
$3,850,000
5445 Collins Ave, Miami Beach, FL 33140
1966
Year Built
Details:
Description:
CU14 at Castle Beach Club Condominium is a versatile, revenue-generating mixed-use space that combines retail, service, and storage functions. It features four key commercial areas in the lobby:
Front Desk Space – Leased to a travel agency, generating consistent rental income.
Convenience Store – A licensed retail space (liquor, merchandise, tobacco, food, and catering), enhancing its commercial value.
Art Studio – A creative workspace located behind the convenience store.
Vending Machine Area – Strategically positioned for passive income from vending machines, an ATM, and other sources.
CU14 includes five storage sections in the garage and limited common elements on floors 4 to 17, including shared garbage chute rooms and exclusive electrical panel rooms for operational independence.
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