19390 Collins Ave Unit CU3, Sunny Isles Beach, FL 33160

 
MLS #: A11183048
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Price: $750,000 MLS Number: A11183048  Commercial / Investment - SOLD
 Address: 19390 Collins Ave Unit CU3, Sunny Isles Beach, Florida 33160 USA
 Unit: CU3
 
 Lot Square Feet: 1,059
 
 HOA Fees: $728
 Waterfront: YES
 
 Lot Dimensions: 0
 
 
 Remarks:
INCOME-PRODUCING RETAIL PROPERTY FOR SALE!! OFFERING MEMORANDUM: https://bit.ly/19390CollinsAveCU3 19390 Collins Ave presents a prime investment opportunity: with current gross income of $4,379/month, property delivers an actual CAP rate of over 6% and potential to double it. Existing strong Lease Agreement protecting the Landlord, allows for 10 years of occupancy and a stable flow of income from the property. Property allows for business expansion and additional business opportunities with prime location on Collins Avenue, lack of retail condo inventory in the area, 45,000 VPD traffic count, easy access to major roads, prestigious complex with total 1200 units across the street from the ocean.
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