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Investment Highlights

  • Walking score of 90. 90 – 100 Exceptional variety: Exceptional variety of cafés within a few minutes’ walk.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit CU-1
  • 5,174 SF
  • Retail
  • $7,035,000 CAD ($1,359.68 CAD/SF)
  • -
Sale Type Investment or Owner User
Sale Conditions Build to Suit, Building in Shell Condition
APN/Parcel ID 02-3234-244-0460
Description
Shell condition ready for build to suit.
Sale Notes
Ideal location on South Beach.  Minutes walking from the beaches, Lincoln Road, and just a short drive over either bridge to downtown and Brickell.
  • Unit Parking
  • 4,097 SF
  • Retail
  • $2,110,500 CAD ($515.13 CAD/SF)
  • -
Sale Type Investment
No. Parking Spaces 59
APN/Parcel ID 02-3234-244-0470
Description
These parking spaces service the Abae Hotel and South Beach, as paid public parking.  There are two levels of parking with lifts in place, for a total of 59 cars.  This is ideal for a luxury concierge service with valet and shuttle.  The valet is currently in place.  Located at the entrance to South Beach and minutes walking to South Pointe, the beaches, Lincoln Road, shopping, restaurants and bars.
Sale Notes
Ideal for someone that is looking to handle concierge parking service on the beach.
Unit Unit Size Condo Use Price NOI
Unit CU-1 5,174 SF Retail $7,035,000 CAD ($1,359.68 CAD/SF) -
Unit Parking 4,097 SF Retail $2,110,500 CAD ($515.13 CAD/SF) -

Unit CU-1

Unit Size
5,174 SF
Condo Use
Retail
Price
$7,035,000 CAD ($1,359.68 CAD/SF)
NOI
-

Unit Parking

Unit Size
4,097 SF
Condo Use
Retail
Price
$2,110,500 CAD ($515.13 CAD/SF)
NOI
-

Unit CU-1

Unit Size 5,174 SF
Condo Use Retail
Price $7,035,000 CAD ($1,359.68 CAD/SF)
NOI -
Sale Type Investment or Owner User
Sale Conditions Build to Suit, Building in Shell Condition
APN/Parcel ID 02-3234-244-0460
Description
Shell condition ready for build to suit.</li></ul>
Sale Notes
Ideal location on South Beach.&nbsp;&nbsp;Minutes walking from the beaches, Lincoln Road, and just a short drive over either bridge to downtown and Brickell.</li></ul>

Unit Parking

Unit Size 4,097 SF
Condo Use Retail
Price $2,110,500 CAD ($515.13 CAD/SF)
NOI -
Sale Type Investment
No. Parking Spaces 59
APN/Parcel ID 02-3234-244-0470
Description
These parking spaces service the Abae Hotel and South Beach, as paid public parking.&nbsp;&nbsp;There are two levels of parking with lifts in place, for a total of 59 cars.&nbsp;&nbsp;This is ideal for a luxury concierge service with valet and shuttle.&nbsp;&nbsp;The valet is currently in place.&nbsp;&nbsp;Located at the entrance to South Beach and minutes walking to South Pointe, the beaches, Lincoln Road, shopping, restaurants and bars.</li></ul>
Sale Notes
Ideal for someone that is looking to handle concierge parking service on the beach.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 55,963 SF
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Floors 6
Typical Floor Size 9,327 SF
Year Built 2016
Lot Size 0.41 AC
Zoning RM-2 - Residential Multifamily, Medium Intensity

Amenities

  • Balcony
  • Pool
  • Restaurant
  • On-Site Retail
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 43 $557.17 CAD -
Exceptionally walkable
90/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
70/100

Major Tenant Information

TENANT SF Occupied LEASE END DATE
Joe & The Juice - December 2025
  • Listing ID: 39781088

  • Date on Market: 2026-03-14

  • Last Updated:

  • Address: 1215 West Ave, Miami Beach, FL 33139

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