1100 15th Street1100-1122 15th St. Miami Beach, FL 33139

$6,900,000
$6,900,000

Overview

Unique Opportunity in Miami Beach: Marcus & Millichap presents a prime commercial property at 1100 15th Street, anchored by the renowned Via Emilia 9 Italian Restaurant. Rare Small Bay Retail Center Offering 3% Annual Rental Increase! With 205 Feet of Linear Frontage and 45-Foot Bay Depths, this Space is Perfect for Tenants Seeking Maximum Exposure and Future Rent Potential.

Three out of Six Bays are Designed for F&B/Restaurant Spaces, Boasting Strong Residual Value and High Demand. Short-Term Leases Allow for Immediate Value Creation, While Vacant Bays Offer Significant Upside Potential Through Lease Up.

Our Diverse Tenant Mix is Tailored to Meet the Needs of Both Locals and Tourists, Making this Retail Center an Ideal Investment Opportunity. Contact Us Now to Capitalize on this Exceptional Investment!

icon

Details

  • Lot area (sqft):
    8,276 sqft
  • Building area (sqft)::
    6,618 sqft
  • Price ($):
    $6,900,000
  • Year built:
    1945
  • Cap Rate:
    5.80%
  • Portfolio