- MLS® #: A11988843
- 5445 Collins Ave Cu14
- Miami Beach, FL 33140-5523
- $4,250,000
- Business
1661 West Avenue presents a premier acquisition opportunity in the heart of a resilient corridor in Miami Beach. Anchored by the United States Postal Service (USPS), the asset provides immediate sovereign credit cash flow. Beyond NOI, this site offers a rare canvas for a visionary investor to shape the future of Miami Beach, contributing to the continued evolution and sophistication of this world-class destination. Credit-Tenant Stability: Current operations are anchored by the USPS, providing a recession-resistant income stream and notable downside protection. Infrastructure Injection: The site is a beneficiary of "The Public Infrastructure Injection" ("The Miami Beach Phase II"). This includes comprehensive street raising and modernized utility mains, designed to enhance long-term property resilience and value. Strategic Potential: Located within an established and evolving corridor, the property is positioned for a transformative play, leveraging its proximity to national retailers and the ongoing revitalization of the West Avenue district. Connectivity: The site is steps from the Lincoln Road Mall, Venetian Causeway, and Trader Joe's.
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Over the past 20 years, no American beach has generated as much buzz as the one that hugs Ocean Drive in Miami Beach. Fringed with palms, backed by Art Deco architecture and pulsating with urban energy, South Beach is the place to stretch out.
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