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$ 3,850,000
Est. payment /mo
Active
5445 Collins Ave #CU14 Miami Beach, FL 33140
0.28 Acres Lot
UPDATED:
02/15/2025 03:00 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID A11743768
HOA Y/N No
Year Built 1966
Annual Tax Amount $6,058
Lot Size 0.275 Acres
Property Sub-Type Multi Family
Property Description
CU14 at Castle Beach Club Condominium is a versatile, revenue-generating mixed-use space that combines retail, service, and storage functions. It features four key commercial areas in the lobby:
Front Desk Space – Leased to a travel agency, generating consistent rental income.
Convenience Store – A licensed retail space (liquor, merchandise, tobacco, food, and catering), enhancing its commercial value.
Art Studio – A creative workspace located behind the convenience store.
Vending Machine Area – Strategically positioned for passive income from vending machines, an ATM, and other sources.
CU14 includes five storage sections in the garage and limited common elements on floors 4 to 17, including shared garbage chute rooms and exclusive electrical panel rooms for operational independence.
Front Desk Space – Leased to a travel agency, generating consistent rental income.
Convenience Store – A licensed retail space (liquor, merchandise, tobacco, food, and catering), enhancing its commercial value.
Art Studio – A creative workspace located behind the convenience store.
Vending Machine Area – Strategically positioned for passive income from vending machines, an ATM, and other sources.
CU14 includes five storage sections in the garage and limited common elements on floors 4 to 17, including shared garbage chute rooms and exclusive electrical panel rooms for operational independence.
Location
State FL
County Miami-dade
Area 32
Exterior
Private Pool Yes
Others
Tax ID 02-32-14-021-5530
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11743768
Listed by Opera REI Inc