$4,250,000

About this property

Located at 5445 Collins Avenue, Unit CU-14 is a strategically vital commercial asset within a premier Miami Beach oceanfront corridor. Spanning a total of approximately 12,006 square feet, this unit serves as the functional heart of the property. It consists of 2,087 square feet of finished office and reception space, and convenience store paired with a massive 9,919-square-foot infrastructure shell that includes a pump room, valet area, dedicated storage, linen closets and utility rooms situated across 14 floors. Uniquely, this acquisition includes an active liquor license, as the space is currently authorized for alcohol sales, offering a turnkey solution for hospitality groups seeking to bypass the significant regulatory hurdles of Miami Beach. CU-14 offers a "blank canvas" for a visionary investor to build out a high-volume hospitality hub. Subsequently; it complements the current sale of the Playboy Theatre located within the same building. Positioned within the RM-3 High-Density district, this asset represents a rare opportunity to own the operational backbone of a landmark building, complete with the licensing necessary to drive premium revenue in one of the world's most iconic beachfront markets.