Trophy – South Beach Investment Offering – Collins Ave. Miami Beach, FL | Generational Real Estate

Agent Info

Deno Bistolarides

248.702.0288
denob@encorereis.com

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Ryan Vinco

248.702.0299
ryan@encorereis.com

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Offering Information

735 Collins Ave
Miami Beach, FL 33139

  • Price: $14,000,000
  • Cap. Rate: %
  • NOI: $
  • Building Size: 19,582SF
  • Lot Size: .16 AC

Investment Highlights

  • IN 2016 THE LYNMAR RETAIL BUILDING UNDERWENT A TOTAL RESTORATION INCLUDING A COMPLETE INTERIOR STRUCTURAL REBUILD AND STABILIZED AND REFINISHING OF THE CLASSIC FACADE
  • SUBJECT PROPERTY IS A 3-STORY 19,852 SQFT ART DECO STYLE BUILT IN 1941 AND RENOVATED IN 2016
  • PROMINENT RETAIL PROPERTY LOCATED IN THE COLLINS AVENUE AND OCEAN DRIVE SHOPPING DISTRICT
  • PHENOMENAL LOCATON ON COLLINS AVENUE WHERE MANY TOP BRAND RETAILERS OCCUPY RETAIL SPACE
  • PRIDE OF OWNERSHIP - GENERATIONAL REAL ESTATE
  • KNOWN AS "THE STRIP," COLLINS AVENUE FEATURES SHOPS SELLING MAJOR FASHION DESIGNERS; ZARA, ARMANI EXCHANGE, DASH, GUESS, VICTORIA SECRET, ALDO, GAP, UGG AND MANY OTHERS
  • RECENT COLLINS AVENUE RETAIL DEVLOPMENT INCLUDES A BRAND NEW - FLAGSHIP 15,000 SQFT H&M CLOTHING STORE
  • AN ALL TIME HIGH ESTIMATED 15.7 MILLION VISITORS TRAVELED TO THE GREATER MIAMI AREA DURING 2016 - WITH 55.6 % OF VISITORS STAYING IN MIAMI BEACH
  • SHOPPING WAS A FAVORITE FEATURE OF INTERNATIONAL VISITORS IN 2016 - OVERALL EXPENDITURES BY DOMESTIC VISITORS ALSO INCREASED