1100 15th St, Miami Beach, FL 33139

Building Details

Year Built

1945

Listing office Marcus & Millichap s***@marcusmillichap.com Show Phone

Listing date Jan 16, 2024

Source Crexi

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Overview

Located at 1100 15th Street in Miami Beach, this commercial property is anchored by the award-winning Via Emilia 9 Italian Restaurant. The property also houses five other tenants, including two additional food and beverage operators and two neighborhood retail tenants. The tenant mix serves both local residents and tourists due to its proximity to Lincoln Road Mall. The NNN leases are landlord-friendly and include annual rent increases of 3-5%. Only one tenant has a renewal option, presenting a near-term value creation opportunity for the landlord. The property is suitable for conventional restaurants, retail spaces, and specialty properties.

Suggested Use

Restaurant Butcher (Bike/Boat/Book/etc) Store Nursing Home Clothing & Fashion Store Adult Day Care Nursing Home Pet Grooming Service Daycare Center Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Miami Beach

County

Miami-Dade

State

Florida

Longitude

-80.1359

Latitude

25.784

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FAQs

What type of property is this?

Conventional restaurant - Prime commercial property anchored by Via Emilia 9 Italian Restaurant.

Where is this conventional restaurant located?

The property is located at 1100 15th St Miami Beach, FL.

What is the asking price?

The asking price for this property is $6,400,000.

What are key features of this property?

This property features: Anchored by award‑winning Via Emilia 9 Italian Restaurant.; Prime commercial property location in Miami Beach.; NNN leases with 3‑5% annual rent increases.