Listed by Keller Williams Capital Realty
$1,500,000
1215 W Ave Parking
Details
APN 02-32-34-244-0470
Property Type Mixed Use, Retail
Sub Type Auto Shop, Mixed Use
Square Footage 4,097
Year Built 2016
Buildings 1
Stories 8
Lot Size (SqFt) 4,097
Zoning 4000
Parking Spaces 59 spaces
Parking Per SqFt 14.40
Mixed Use | 4,097 SqFt
Marketing description
This parking garage is in the heart of South Beach in Miami Beach along West Avenue. Walking distance to Collins Avenue and the beach, and Lincoln Road and all its shopping. Along the way to either, you have all the other main streets, major restaurants and bars that fill the bustling area. The parking garage is situated on the ground floor of a boutique hotel. The parking received the right become public parking from the City or Miami Beach. With parking in high demand on the beach, this is an opportunity to capture the parking market in South Beach. The sale includes all the lifts already in place on two floors. Being in the heart and along a quite street, this is an opportunity to have a luxury service with a shuttle to and from the area to enhance the parking experience.
Investment highlights
Boutique hotel positioned on the destination side of the island, with 40,000 local residents within a mile and 12 million annual tourist. 0.8 miles to the beach and 0.4 to Lincoln Road and the shops. Surrounded by restaurants and bars. The closest bridges to the mainland are less than 0.4 miles from the hotel.
- Located at the entrance to South Beach
- Waling distance to the beach, all the local restaurants and bars, Lincoln Road and shopping
- Positioned to service the local tourism, 12 million tourist annually
- 40 thousand residents within 1 mile radius
Listing Contacts
Listed by Keller Williams Capital Realty
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