
$4,590,000
Special Purpose Property for Sale, 1661 West Ave, Miami Beach, Florida 33139
- MLS#A12004551
Listed By Shaptown Professional Services Corp
The Special Purpose Property for Sale located at 1661 West Ave, Miami Beach, Florida 33139 is currently for sale.
Description
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.
Location
1661 West Ave, Miami Beach, Florida 33139
Property features
Lot/Land
- Land/Lot size:
697 m² (7,500 ft²)
Construction
- Year built: 1954