1661 West Avenue presents a premier acquisition opportunity in the heart of a resilient corridor in Miami Beach.


Property

Website:https://www.nestseekers.com/5427905
Address:
Miami Beach, FL 33139
Ownership: For Sale
Type: Unknown
Lot Size: 0.2 Acres

Financials

Price:$5,100,000

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.

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Shaptown Professional Services Corp