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Jesse Spencer
Jemea 'Mea' Kingsby

The Shoppes at IL Villaggio II

$9,198/mo 1451 Ocean Drive, CU-104, Miami Beach, Florida 33139

Prime Office/Retail Space for Lease on the first floor. Commercial Unit 104 is available to subdivide into 2 retail spaces. Retail A is now leased. Retail B 1,104 SqFt is available.

Includes an expansive 2-tier balcony for outdoor seating use; ideally located between two public beach access points with high foot traffic.

Positioned on the oceanside of the main South Beach thoroughfare. Surrounded by high-performing retailers, restaurants, entertainment, and upscale hospitality
venues.

Adjacent to the $47M historic Bankcroft development that's being converted into Class A office space. Secure a 5-10 year lease as South Beach goes high-end attracting a new level of luxury.

Availability

  • Retail A - LEASED
  • Retail B - 1,104 SF | $9,197.82/mo + NNN + Sales Tax

Leasing Structure

  • Lease price is Base Rent + NNN + Sales Tax
  • NNN Retail 104A: $26,923.84
  • NNN Retail 104B: $32,780.16

General Liability Insurance for your business is required for a minimum of $2,000,000. It is typically 3 months Base Rent & Operating Expenses plus Sales Tax to secure the lease agreement. This is the first months rent and a security deposit (2 months base rent & operating expenses plus Sales Tax).

  • For Lease
    Status
  • 1998
    Year Built
  • 1,104 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Lease
  • Living Space: 1,104 Sq.Ft.
  • Total Area: 2,044 Sq.Ft.
  • MLS® ID: A11119755
  • Type: Commercial, Condo
  • Year Built: 1998
  • Neighborhood: South Beach
  • Lifestyles: Beach, Oceanfront, Waterfront

Exterior & Building

  • Lot Features: Secure Garage Parking, 2-Tier Balcony

Financial

  • Lease Price: $9,198/mo
  • Lease Term: 5 YEARS
  • Real Estate Tax: $31,736/yr
  • HOA Fees: $28,968/yr
  • Zoning: MXE
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The Shoppes at IL Villaggio II

The Neighborhood:
South Beach

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