Property Description

1661 West Avenue presents a premier acquisition opportunity in the heart of a resilient corridor in Miami Beach. Anchored by the United States Postal Service (USPS), the asset provides immediate sovereign credit cash flow. Beyond NOI, this site offers a rare canvas for a visionary investor to shape the future of Miami Beach, contributing to the continued evolution and sophistication of this world-class destination.Credit-Tenant Stability: Current operations are anchored by the USPS, providing a recession-resistant income stream and notable downside protection.Infrastructure Injection: The site is a beneficiary of The Public Infrastructure Injection (The Miami Beach Phase II). This includes comprehensive street raising and modernized utility mains, designed to enhance long-term property resilience and value.Strategic Potential: Located within an established and evolving corridor, the property is positioned for a transformative play, leveraging its proximity to national retailers and the ongoing revitalization of the West Avenue district.Connectivity: The site is steps from the Lincoln Road Mall, Venetian Causeway, and Trader Joes.

Property Features