SKYDECK rooftop and venue Fact Sheet
Real Estate and Business The Upper Deck LLC Address:
605 Lincoln Road Suite 800 Rooftop & Suite 270 Miami Beach, FL 33139
Property Description:
Most exclusive venue of South Beach. Real Estate and business for sale. Includes the rooftop and suite 270 of the former Sony Music Building, an iconic Art Deco, Streamline-moderne landmark building designed by famous architect Robert E. Collins. Located on Internationally known Lincoln Road Mall on Pennsylvania and Lincoln Road. Mere blocks from the ocean and bay, 605 Lincoln Road is across the street from renowned New World Symphony and Park designed by famous architect Frank Gehry, and steps from national retailers, restaurants, theaters and Miami Beach Convention Center. With over 8,000 sq.ft. with separate office housing sound and lighting system. As one of the highest points on Lincoln Road, SKYDECK offers breathtaking views of Miami’s cityscape. Accommodating up to 249 guests and opening to a 3,700 square foot terrace, this venue is perfect for private bookings and events such as lunches, cocktail parties, business functions, weddings, photo shoots, social gatherings or product launches.
Building:
Built in 1936, 605 Lincoln Road is a national and local landmark. Formerly known as The Sony Music Building.
Architect:
Robert E. Collins
Style:
Art Deco - streamline moderne
Sq.Footage:
Rooftop is 8,453 Sq.Ft. and Suite 270 is 272 Sq.Ft. - Total of 8,725 Sq.Ft
total usable area:
3,700 sq.ft.
Asking Price:
$3.5 Million
presented by Enrique Garcia & Ines Hegedus-Garcia
SKYDECK rooftop and venue Fact Sheet Views:
360 degree views from the ocean to Biscayne Bay and downtown Miami
Licenses:
Hall For Hire and Office All types of events: private parties, dinner, cocktail, movie projection, fashion shows, photo shoots, etc
max occupancy:
249
Restrooms:
4 (men, women, handicap accessible)
Elevators:
2, opening onto rooftop’s private lobby entrance.
Condo fees:
$6,610/month
Sound & Video:
20 electro-voice outdoor full range speakers 4 power amplifiers Digital sound processor 8 input/output Martin outdoor image projector & DVD player
Furniture:
Furnished with top of the line lounge sofas, fire pit tables, high-tops and Glowing bar 50 lounge sofa seatings 6 low tables 10 high tables 30 high chairs 100 planters and pots 4 LED RGB bar counters
open hours:
Every day until midnight (with option to extend)
Music:
DJ and live music are allowed until midnight every day (with option to extend through a permit)
Parking:
Loading zone is available upon request. Abundant parking is available in the 2 adjacent City of Miami Beach garages offer easy parking. Possibility to coordinate with private valet company.
Retail tenants downstairs include:
Starbucks, Lush Cosmetics, Oakley & Journeys
For additional Information:
Enrique Garcia Ines Hegedus-Garcia
305.986.2224 305.206.9366
presented by Enrique Garcia & Ines Hegedus-Garcia
Rick@miamism.com Ines@miamism.com
SKYDECK rooftop and venue Map - location
Map of Lincoln Road Mall
SKYDECK
Aerial of Lincoln Road Mall
SKYDECK
presented by Enrique Garcia & Ines Hegedus-Garcia
SKYDECK rooftop and venue Floor plans / survey
Rooftop Floor Plan
presented by Enrique Garcia & Ines Hegedus-Garcia
SKYDECK rooftop and venue Floor plans / survey
Floor Plan Second Floor showing suite 270
presented by Enrique Garcia & Ines Hegedus-Garcia
SKYDECK rooftop and venue Financials
Skydeck Event Revenue Projections Revenues
Monthly
Annual
Revenue per event
$60,200
$722,400
Bad weather allowance 10%
($6,020)
($72,240)
Total Revenue
$54,180
$650,160
Event Space Costs
$1,733
$20,798
Gross Event Space Revenue
$52,447
$629,362
$8,766
$105,196
**security guard required = 35/hr, 200/event condo requirement
Operating Costs Labor Costs Other Operating Costs Occupational Lic.(Business Tax) Certificate of Use Utilities
$350 $276 $700
$8,400
$6,610
$79,320 $6,757 $5,069
Total Costs
$16,331
$205,368
NET OPERATING INCOME
$36,116
$423,994
Real Estate Related Costs Montly Condo Fees Real Estate Taxes RE Insurance/Liability Ins.
presented by Enrique Garcia & Ines Hegedus-Garcia
SKYDECK rooftop and venue Property Photos
presented by Enrique Garcia & Ines Hegedus-Garcia
SKYDECK rooftop and venue Property Photos
presented by Enrique Garcia & Ines Hegedus-Garcia
SKYDECK rooftop and venue Event Photos
presented by Enrique Garcia & Ines Hegedus-Garcia
SKYDECK rooftop and venue
Enrique Garcia 305.986.2224 Rick@miamism.com Ines Hegedus-Garcia 305.206.9366 Ines@miamism.com
miamism.com