Own the only retail strip center available for purchase in Sunny Isles Beach on world famous Collins Avenue.Total of 4 spaces that can be upgraded to 7 stores. CU1 space can be subdivided in 2 with Over $200,000 in upgrades. Italian porcelain floors, over 12" high ceilings.Cap rate 5% Possibility for a 2 yr + rent guaranteed or delivered vacant. Lowest CAM in the area, reduced electricity bill due to the AC chiller system in the building. Water/high speed internet and cable included in the maintenance fee. 1 Storage Unit, 1 Pool Cabana and 5 assigned parking spaces + valet parking+ public city garage with unlimited parking. Access to gym, tennis and pool included in cam. Prime location next to Golden Beach , minutes from Aventura Mall.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
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Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.