305-981-6268
1220 Collins Ave, Miami Beach, FL for Sale
Storefront Retail/Office - FOR SALE
1/8
null | Request Cap Rate

1220 Collins Ave
Miami Beach, FL 33139
Flamingo


HIGHLIGHTS

  • NNN, Single Tenant, Sale Leaseback Opportunity in Trophy Art Deco Style Building in South Beach. Tenant is "The Webster", a designer retailer, which h
  • 15,600 SF 3-Story Commercial Building on Collins Avenue in the Heart of Miami Beach
  • Building has gone through a multi-million-dollar renovation & is fully leased
  • Tremendous foot traffic on Collins Avenue and throughout neighborhood

OVERVIEW

Introducing 1220 Collins Avenue, a rare opportunity to own a single-tenant occupied artdeco jewel in the heart of South Beach. Built in 1937 and completed in 1939 by famed architect, Henry Hohauser, The Webster hotel was born. In 2009 a new chapter began for The Webster, as the property re-opened its doors at 1220 Collins Avenue as a globally recognized multi-brand boutique. Capital improvements include a complete renovation, featuring high-end fixtures and lighting, while preserving and maintaining the architectural significance of the property. The former hotel houses three floors of retail, space which are adaptable for a variety of uses. Available fully leased by a single luxury retail user. 1220 Collins Avenue represents a singular ownership opportunity.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Webster

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

6501

APN/PARCEL ID

02-3234-008-1060

ASK ABOUT THIS PROPERTY

Jordan GimelsteinINHOUSE COMMERCIAL SALESMore Info
305-981-6268

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Jordan GimelsteinINHOUSE COMMERCIAL SALESMore Info
305-981-6268

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.