Interior
- Bathrooms
- 0
Active · Retail
$4,700,000
1215 West Ave CU-1, Miami Beach, FL 33139
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 2016
- Lot size
- 17,250 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Miami Beach (South Beach)...Imagine your ideal retail site, restaurant, boutique apparel, wine bar or sales business. Joe and the Juice is your tenant. The Possibilities are limitless and full of potential. Inside area and outdoor terrace. This is the west side of the island along the bay. Great for a location that can service the 40,000 local residents and build a name for the 1 million tourists that visit the area. Dare to dream a business that is worthy of this site and fulfill your dreams.
Property location
Get Directions1215 West Ave CU-1, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Retail
- Year built
- 2016
- Lot size
- 17,250 sq ft
- Construction
- Block
Parking
- Covered spaces
- 0
- Parking features
- Covered, On Street
HOA, Community & Financials
- Security
- Fire Sprinkler System, Smoke Detectors
- County
- Miami-Dade
- Days on market
- 119
- MLS listing ID
- A11993387
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$9,199
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $22,280/mo
- Down payment
- $1,175,000
- Loan amount
- $3,525,000
- Annual NOI
- $156,980
Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.