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19390 Collins Ave #CU3
Sunny Isles Beach, FL 33160
$750,000
Closed
68+
$750,000
Closed
Bedrooms
Bathrooms
N/A
Half Baths
 
Size Sq. Ft.
DOM
19390 Collins Ave #CU3 Sunny Isles Beach, FL 33160
Beds, Baths, Retail Sq.Ft.

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.

Listing Summary
  • Address 19390 Collins Ave #CU3
  • City Sunny Isles Beach
  • County Miami-Dade County
  • Zip 33160
  • Price $750,000
  • Status Closed
  • Subdivision
  • Pets Allowed No
  • MLS® # A11183048
  • Property Type Commercial Sale
  • Property Sub TypeRetail
  • Status Closed
  • Square Feet
  • Year Built 1971
  • Waterfront Yes
  • Maintenance Fees $728 Annually
  • Taxes $444
  • Tax Year 2021
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19390 Collins Ave #CU3
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11183048) is provided courtesy of (AG Real Estate Advisors, LLC). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-20-2024. IDX powered by Realty Net Media
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