South Beach Property Portfolio

South Beach Property Portfolio

727 Collins Avenue, Miami Beach, FL, USA

South Beach Property Portfolio

Cushman & Wakefield of Florida, LLC is pleased to offer for sale the South Beach Property Portfolio, consisting of 727, 736 and 745 Collins Avenue and 755 Washington Avenue, four iconic buildings ideally situated in the heart of Miami Beach’s world-renowned tourist district. The Portfolio is situated in the epicenter of South Beach, just one block from Ocean Drive’s sandy beaches and Washington Avenue’s wave of transformational redevelopment. The Properties benefit from more than 70 hotels with +4,000 rooms in a one-mile radius and 1,900 additional rooms planned or in development, plus an additional +-30,000 permanent residents within a 1-mile radius.

The Offering features 43,809 sf of ground floor and multi-level retail space that is currently 26% occupied (32,309 SF vacant) and 25 apartment units. These four signature properties have been meticulously maintained and renovated.

This Offering represents the opportunity to acquire irreplaceable real estate in one of the world’s premier tourist and entertainment districts while offering a future owner Immediate value enhancement and repositioning opportunities.

Property Summary

GLA (SF)40,500

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