Commercial Real Estate

Basics

Description

  • 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

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This -type commercial real estate is located in FL, Miami Beach was built in 1954, and is listed at $5,100,000.

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