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Restaurant/Retail Condo in Prime Location
For Lease
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1 Collins Avenue, Miami Beach, FL 33139

Restaurant/retail condo in luxury building, South of Fifth neighborhood.

Space Size1,435 SF - 2,810 SF
Property Size3,160 SF
Days on Market156

Property Features for 1 Collins Avenue

General Information

Standard status Active
Size 1,435 SF - 2,810 SF
Property subtype Retail

Spaces For Lease

at 1 Collins Avenue Contact us

1,435 SF Space

Size
1,435 SF
Type
Restaurant
Term
Negotiable
Rate
Contact for pricing
Contact us

1,690 SF Space

Size
1,690 SF
Type
Restaurant
Term
Negotiable
Rate
Contact for pricing
Contact us

2,810 SF Space

Size
2,810 SF
Type
Restaurant
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: FA Commercial
Listed By: Fabio Faerman, CCIM · License #BK3045634
Source: Facommercial
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 8 at 3:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FA Commercial

Investment Insights

Based on property information with market context.

Located within the luxury One Ocean residential building in the South of Fifth neighborhood, this restaurant/retail condo offers a prime location surrounded by high-end retail and residential towers. The property is a short walk from South Pointe Park and the beach entrance. The space is ideal for restaurant use. Currently, 3,160 square feet (29%) is leased to Ockap Caviar & Cuisine.

Key Highlights

  • Located in the coveted South of Fifth neighborhood.
  • Restaurant/retail condo in the luxury One Ocean residential building.
  • Tenant in place: Ockap Caviar & Cuisine.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Daycare Center Dental Office Furniture & Home Goods Kitchen & Bath Showroom Butcher Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,766
Businesses Nearby

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value

Market

Lease Benchmarks for Miami Beach, FL

$57.24 /SF/Yr
Avg Asking Price
$13.83–$85 /SF/Yr
Price Range
4,492 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Restaurant/retail condo in luxury building, South of Fifth neighborhood.
Where is this retail space located?
The property is located at 1 Collins Avenue Miami Beach, FL.
What are key features of this property?
This property features: Located in the coveted South of Fifth neighborhood.; Restaurant/retail condo in the luxury One Ocean residential building.; Tenant in place: Ockap Caviar & Cuisine.
More about this property
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