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19390 Collins Ave #CU3

$750,000 USD

$750,000

0.02 Acres Disagree?

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19390 Collins Ave #CU3

Sunny Isles Beach, FL 33160

$750,000

0.02 Acres

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19390 Collins Ave #CU3 Property Highlights

  • MLS# : A11183048
  • Listing Type : Commercial
  • Year Built : 1971
  • Days on Market : 980
  • Status : Active
  • Development : Oceanview Building A Condo
  • Waterfront : Yes
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Property Details

INCOME-PRODUCING RETAIL PROPERTY FOR SALE!! OFFERING MEMORANDUM: https://bit.ly/19390CollinsAveCU3 19390 Collins Ave presents a prime investment opportunity: with current gross income of $4,379/month, property delivers an actual CAP rate of over 6% and potential to double it. Existing strong Lease Agreement protecting the Landlord, allows for 10 years of occupancy and a stable flow of income from the property. Property allows for business expansion and additional business opportunities with prime location on Collins Avenue, lack of retail condo inventory in the area, 45,000 VPD traffic count, easy access to major roads, prestigious complex with total 1200 units across the street from the ocean.

Fees and Taxes
  • HOA Fee: $728

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Jeff Lichtenstein's Echo Fine Properties

Echo Fine Properties

C 561-500-ECHO

O 561-500-ECHO

F 561-277-2500

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Jeff Lichtenstein's Echo Fine Properties

ECHO FINE PROPERTIES

C 561-500-3246

O 561-500-3246

F 561-277-2500

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