50 Biscayne Blvd CU1 Miami, FL 33132-2905

This exceptional retail condo, located at 50 Biscayne Blvd in Downtown Miami, offers a unique value-add investment opportunity. The property comprises three units totaling 13,075 square feet, with individual unit sizes ranging from 1,700 to 8,500 square feet. Currently vacant, this space presents a blank canvas for a variety of retail uses. Previously occupied by a full-service restaurant and bar, the property boasts a stunning vanilla shell interior with approximately 24-foot ceilings, offering significant design flexibility. The prime corner location at Biscayne Boulevard and Flagler Street, directly across from Bayfront Park, ensures exceptional visibility and foot traffic. The property benefits from over 500 municipal parking spaces within a one-block radius, enhancing convenience for customers. With a pro-forma NOI of $720,000, this property represents a compelling investment opportunity in a thriving downtown Miami location. The units can be sold separately. The net operating expenses are $16 per square foot.