Miami, FL 33137

Property

Ownership: For Sale
Type: Retail

Financials

Price:$3,600,000
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Gridline Properties

Gridline Properties is pleased to present a rare opportunity to acquire a fully renovated, boutique retail mixed use asset located in the heart of Buena Vista, just steps from the ...

Description

Gridline Properties is pleased to present a rare opportunity to acquire a fully renovated, boutique retail / mixed-use asset located in the heart of Buena Vista, just steps from the Miami Design District, one of the strongest and most dynamic retail submarkets in the country. The property consists of a two-story building, oering a compelling blend of stabilized income and near-term upside. The ground floor retail space is fully leased on a long-term basis to Jeune Aesthetics, a well-established aesthetics and wellness spa, providing immediate and predictable cash flow. The second-floor space is currently vacant, presenting flexibility for a wide range of residential or commercial uses and allowing a buyer to unlock additional value through lease-up or repositioning. Recently renovated, the building oers a turnkey, boutique profile that is increasingly scarce in the immediate Design District adjacency. Its premier location provides seamless connectivity to the Miami Design District, Miami Beach, and the Biscayne Boulevard corridor, positioning the asset at the crossroads of luxury retail, dense residential neighborhoods, and Miami’s urban core. Zoned T4-L, the property benefits from favorable zoning that supports mixed-use density and optionality, further enhancing its appeal to investors seeking both current income and future upside.

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.