For sale
$4,650,000
Hospitality propertyUnit CU-104
0.06 acres
1451 Ocean Dr #CU-104Miami Beach, FL 33139
Listing courtesy of Compass Florida, LLC · MyStateMLS #11394539
For saleVirtual tour
$4,650,000
0.06 acresBuilt 1998Unit CU-102
1451 Ocean Dr #CU-102Miami Beach, FL 33139
Hospitality property (from the listing description) · Hotel or motel · MLS 11394538 · Listed 891 days ago (May 27, 2024)
Active: Listed and available according to the MyStateMLS feed.
Other listings at this address
Separate MyStateMLS listings with exactly the same street address. Each is its own offer with its own listing representative; spaces are not assumed to be contiguous or combinable.
| Listing | Offer | Size | Price or rate | Listed by |
|---|---|---|---|---|
| Unit CU-102 (viewing) | For sale | 0.06 acres | $4,650,000 | Compass Florida, LLC |
| Unit CU-104 | For sale | 0.06 acres | $4,650,000 | Compass Florida, LLC |
About this property
Invest in prime commercial retail condos CU-104 and CU-102 at the prestigious Shoppes of Il Villaggio on Ocean Drive, Miami Beach. These units, positioned on the bustling South Beach oceanfront, benefit from high visibility and significant foot traffic, surrounded by upscale retailers, hospitality, and restaurant venues. Steps from The Collins, a $47M redevelopment project of the Historic Bancroft Hotel. Both units, totaling 2,623 SF, are occupied by a fine arts gallery under a 5-yr lease with a renewal option, for steady revenue and enhancing the property's prestige. Listed at $4.65M for both units, this high-end investment opportunity promises continued growth and profitability in a sought-after market. - CU-102 MLS #: A11605010 - CU-104 MLS #: A11600603
Description provided by the listing brokerage.
Key facts
- Asking price
- $4,650,000
- Status
- For sale
- Property type
- HospitalityFrom the listing description
- Land area
- 0.06 acresSource field LotSizeSquareFeet
- Year built
- 1998
- MLS number
- 11394538
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $4,650,000
- Annual taxes
- $20,962
Building and site
- Suite or unit
- CU-102Source field UnitNumber
- County
- Miami-Dade County
Virtual tours and video
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Miami Beach or hospitality property in Miami Beach.
Why this listing is on Commercial Only
- Property type as the listing describes it. (description: "…opment project of the historic bancroft hotel. both units, totaling 2,623 sf, are occ…")
- MLS property class detail. (PropertyTypeDetail: commercial)
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Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
Similar listings
Hospitality property listings for sale in Miami-Dade County, asking $2,325,000 to $6,975,000, newest first. Each one passes the same eligibility and display rules on its own. See all matches
Guides
Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.
Listing last modified at the source Feb 8, 2025, 12:50 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 12:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.