MIAMI BEACH, Fla., Feb. --, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the exclusive listing for Atlantiqua, a 10,000-square-foot residential property located in Miami Beach, Florida. According to Ryan Nee, regional manager of the firm’s Miami office, the asset is listed for $14,930,000 or $1,493 price per square foot.

Alex D. Zylberglait and Michael Crocchiola, investment specialists in Marcus & Millichap’s Miami office, have the exclusive listing to market the property on behalf of the seller, a limited liability company. 

“This is an exclusive opportunity to control a brand-new boutique short term rental asset nestled in the heart of the Miami Beach hotel district with exceptional amenities, just steps away from both the beach and the intracoastal. This world-class private luxury asset will be sought after by both investors and users alike,” said Zylberglait.   

The building consists of four, three-bedroom luxury suites with a personal spa, rooftop infinity pool, recreational area, and an eight-car parking garage with electronic car charging stations. The property is set to undergo two million dollars worth of renovations and is projected to be completed in 2022 with 82.5% occupancy.

Atlantiqua is located at 245 30th Street in Miami Beach, Florida, between two major transit corridors, Collins Avenue and Indian Creek Drive. It is within walking distance to major entertainment destinations in Miami Beach, including Ocean Drive, Boardwalk, Beachwalk, and numerous famous clubs and restaurants.