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INVESTMENT HIGHLIGHTS
- Excellent Location in a Miami Beach
- One of the Nation's Best Retail Markets
- Vast Array of Possibilities
EXECUTIVE SUMMARY
Avison Young is pleased to exclusively offer the rare investment opportunity to acquire a high-profile vacant commercial/retail/showroom property located at 1520 Alton Road in Miami Beach, a world-famous destination celebrated for its pristine beaches, vibrant nightlife, upscale retail scene, and iconic Art Deco architecture.
Situated with direct frontage to the Alton Road commercial corridor, minutes from marquee hubs like the Miami Beach Convention center, the Property offers a dynamic range of creative uses to capitalize on superior positioning in one of the country’s most prominent markets.
Situated with direct frontage to the Alton Road commercial corridor, minutes from marquee hubs like the Miami Beach Convention center, the Property offers a dynamic range of creative uses to capitalize on superior positioning in one of the country’s most prominent markets.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Studio / Creative Space
Property Size
5,250 sq ft
Costar Property Class
C
Year Built
1939
Price
£2,915,874
Price per sq ft
£555.40
Tenancy
Single
Number of Floors
1
Typical Floor Size
5,250 sq ft
Plot ratio
0.71
Total Plot Size
0.17 ac
Use Class
CD-2 - Commercial, Medium Intensity
Parking
10 Spaces (1.9 Spaces per 1,000 sq ft Leased)
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
- Shorty & Fred's Garage
- Service type
- -
-
$9.99
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
| Shorty & Fred's Garage | Service type | - | $9.99 | Lorem Ipsum | - |
Walk Score®
Excellent pedestrian access (96)
Bike Score®
Good for cycling (82)
PROPERTY TAXES
| Parcel Number | 02-3234-018-0590 | Improvements Assessment | £87,069 |
| Land Assessment | £1,683,068 | Total Assessment | £1,770,137 |
PROPERTY TAXES
Parcel Number
02-3234-018-0590
Land Assessment
£1,683,068
Improvements Assessment
£87,069
Total Assessment
£1,770,137
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1520 Alton Rd
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