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$ 4,890,000
Est. payment /mo
Price Dropped by $10K
1661 West Ave Miami Beach, FL 33139
3,837 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,837 sqft
Price per Sqft $1,274
MLS Listing ID A11722680
HOA Y/N No
Year Built 1954
Annual Tax Amount $57,213
Lot Size 7,500 Sqft
Property Sub-Type Retail
Property Description
Located in the heart of Miami Beach, 1661 West Ave presents a remarkable investment opportunity with over $1M in rental income from a long-term USPS tenant. This property features a new roof and asphalt, enhancing its structural integrity and long-term value. Positioned next to The Alton by Shvo at 1656-1680 Alton Road and steps from Trader Joe's, this property is in the center of a rapidly transforming neighborhood. The area is primed for continued growth, with major developments driving long-term value. Offering both reliable income and substantial future appreciation, this is a standout opportunity in one of Miami Beach's most dynamic and high-demand locations.
Location
State FL
County Miami-dade
Area 32
Interior
Heating Central
Cooling Central Air
Exterior
Total Parking Spaces 6
Private Pool Yes
Building
Sewer Other
Water Public
Structure Type Block
Others
Tax ID 02-32-33-017-0090
Ownership Corporation
Virtual Tour https://youtu.be/DSVl5aSGRns?feature=shared
Listed by Gary Hennes Realtors