Basics
- Category: CommercialSale
- Type: SpecialPurpose
- Status: Active
- Bathrooms: 0
- Floors: 1
- Lot size: 7500, 7500 sq ft
- Year built: 1954
- County: Miami-Dade
- MLS ID: A12004551
Description
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Description:
ALTON BEACH RLTY CO SUB PB 6-165 LOT 19 BLK 40 U S POSTAL SERVICE LESSEE LOT SIZE 50.000 X 150 OR 11102-627 0581 5 COC 25293-4248 01 2007 1 1661 West Avenue presents a premier acquisition opportunity in the heart of a resilient corridor in Miami Beach. Anchored by the United States Postal Service (USPS), the asset provides immediate sovereign credit cash flow. Beyond NOI, this site offers a rare canvas for a visionary investor to shape the future of Miami Beach, contributing to the continued evolution and sophistication of this world-class destination.
Credit-Tenant Stability: Current operations are anchored by the USPS, providing a recession-resistant income stream and notable downside protection.
Infrastructure Injection: The site is a beneficiary of "The Public Infrastructure Injection" ("The Miami Beach Phase II"). This includes comprehensive street raising and modernized utility mains, designed to enhance long-term property resilience and value.
Strategic Potential: Located within an established and evolving corridor, the property is positioned for a transformative play, leveraging its proximity to national retailers and the ongoing revitalization of the West Avenue district.
Connectivity: The site is steps from the Lincoln Road Mall, Venetian Causeway, and Trader Joe's.
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Location
- Lot Size Acres: 0.17 acres
Building Details
- Building Name: United States Post Office
- Covered Spaces: 0
- Levels: One
- Number Of Buildings: 1
Amenities & Features
- Parking Features: Other
- Parking Total: 3
Miscellaneous
- List Office Name: Shaptown Professional Services Corp
Ask our real estate expert about this property
This SpecialPurpose-type commercial real estate is located in FL, Miami Beach was built in 1954, and is listed at $5,100,000.