TRANSACTION HIGHLIGHTS
✓ Address: 1 Collins Avenue, Miami Beach
✓ Size: 3,160 SF
✓ Lease Type: NNN
✓ New Tenant: Ockap Caviar
Miami Beach to Ockap Caviar, a distinguished luxury caviar brand known for its commitment to quality and sustainability.
This prime corner unit, located at One Ocean, features an impressive 250 feet of frontage across from some of Miami Beach’s most iconic condominiums, including the Continuum, and is steps away from popular destinations like Catch, Nikki Beach, and other renowned high-end restaurants. We’re thrilled to welcome Ockap Caviar to our portfolio and continue contributing to the vibrant luxury scene that defines Miami Beach.
The former Nikki Beach is being converted by Boucher Brothers, in partnership with Major Food Group, has secured a 10-year lease starting in 2026 to transform the iconic Nikki Beach property at 1 Ocean Drive into a vibrant, multi-concept destination—complete with three chef-driven restaurants (Mediterranean, Japanese steakhouse/sushi, and Sadelle’s), a luxe pool, a wellness center, sustainable landscaping, and upscale retail—all designed by Kobi Karp and Raymond Jungles.
