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Class A Storefront Office/Retail Condos on Ocean Drive For Sale

$4,900,000

1451 Ocean Drive CU102, CU104, Miami Beach, FL 33139

Active
Last Updated: 06/01/2023

2,623 sqft

Building Size

50

Occupancy

Details:
Building Size:    2,623 sqft
Occupancy:    50%
Units:    2
Year Built:    1998
Floors:    1
Parking Spots:    5
Highlights:
  • Class A Building
  • High-Foot Traffic
  • Ideal for Owner-User, Bank Branch, Retail Shop, Creative/Executive Office
  • Adjacent to $47M Bancroft Hotel Redevelopment
  • Zoning: 6501 Commercial Mixed-Use Entertainment
  • CU104 - Vacant - Vanilla Shell
  • CU102 - Occupied - Retail buildout
Description:

Two Prime ground-floor retail condos at the prestigious Shoppes of Il Villagio. CU104 consists of 2,044 SF of interior space and CU102 has 579 SF. Both come with an expansive 2-tier balcony for outdoor seating and branding opportunities. Ideally located between two public beach access points with high foot traffic. Positioned on the ocean side of the main South Beach thoroughfare. Surrounded by high-performing retailers, restaurants, entertainment, and upscale hospitality venues.
Potential Uses: Bank Branch, Retailers, Boutique Shop, Satellite Office, Tourism Office, Family Office, Campaign Office, Art Gallery, Quick Serve Restaurant, Executive Office, Real Estate Office, Fitness Club, Showroom, Food Hall (see proposed plans in OM).


Located one block off Collins Ave (A1A), adjacent to Lummus Park and the Art Deco Historic District in South Beach. At the intersection of Ocean Drive and 15th Street. Accessible from Ocean Walk and Ocean Drive on the beachfront. Across from Front Porch Cafe, Z Hotel, Drake Hotel, and The Betsy Hotel.

SHOPPES OF IL VILLAGGIO CONDO, UNIT CU-104, UNDIV 13.92%, INT IN COMMON ELEMENTS, OFF REC 22978-4816, COC 26324-1388 04 2008 1.

SHOPPES OF IL VILLAGGIO CONDO, UNIT CU-102, UNDIV 3.94%, INT IN COMMON ELEMENTS, OFF REC 22978-4816, COC 23056-4680 01 2005 1.

Map:
Documents:
Title
Condo_floor_plan__5_.pdf
View
Floorplan CU102.png
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1451 Ocean Dr 104-102_OM_Shoppes at II Villagio_Miami Beach_28MAY2023.pdf
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Location
Gallery