Two-Story Street-Level Retail
101-239 Sw 9th St Miami, FL 33130
For Sale
$935,867
Two-story street-level retail with mezzanine, currently built for coffee service and suitable for select hospitality or retail users.
Property Size886 SF
Price / SF$1,056
Days on Market51
Property Features for 101-239 Sw 9th St
General Information
- Standard status
- Active
- Size
- 886 SF
Listing Agency:
Habitat Realty LLC
(786) 521-8144
Listed By:
Javier Motta · License #3265070
(786) 521-8144
Source:
Exprealty
Added: Jun 7
Changed: Jul 10
Last Checked: Jul 26 at 9:38PM
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 Habitat Realty LLC
Investment Insights
Based on property information with market context.
This street-level, two-story commercial space includes a first floor plus a mezzanine and is currently designed for a coffee shop concept. The offering lists approximately 886 SF with an occupancy capacity of 33 people. The space features modern finishes and floor-to-ceiling glass, creating an open, retail-forward presentation.
The property is located at Smart Brickell Tower I in Brickell, within a dense office and retail environment. The remarks indicate the location is steps from Brickell City Centre and Mary Brickell Village, with proximity to major office towers and strong pedestrian exposure.
For investors, the space is currently leased on a 3-year term, with an approximate 4.5% cap rate referenced in the offering materials. For buyers seeking flexibility, the tenant’s early termination may be negotiated to allow the space to be delivered vacant if preferred. The existing coffee shop buildout can support similar café and specialty retail uses, as well as boutique hospitality concepts, depending on the operator’s plans.
The property is located at Smart Brickell Tower I in Brickell, within a dense office and retail environment. The remarks indicate the location is steps from Brickell City Centre and Mary Brickell Village, with proximity to major office towers and strong pedestrian exposure.
For investors, the space is currently leased on a 3-year term, with an approximate 4.5% cap rate referenced in the offering materials. For buyers seeking flexibility, the tenant’s early termination may be negotiated to allow the space to be delivered vacant if preferred. The existing coffee shop buildout can support similar café and specialty retail uses, as well as boutique hospitality concepts, depending on the operator’s plans.
Key Highlights
- Two‑story street‑level retail space with mezzanine in Brickell (Smart Brickell Tower I).
- Approximately 886 SF with a 33‑person occupancy capacity.
- Currently leased on a 3‑year term with an approximate 4.5% cap rate.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.7k | $63.96 |
| − Vacancy | −$850 | −$0.96 |
| EGI | $55.8k | $63.00 |
| − OpEx | −$14.0k | −$15.75 |
| NOI | $41.9k | $47.25 |
886 SF · lease $63.96/SF/yr · vacancy 1.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$598.1K
$523.3K – $697.7K
NOI $41,864 @ 7.0% cap · market cap 4.47%
Second Best
Retail
$412.9K
$361.3K – $481.8K
NOI $28,906 @ 7.0% cap · market cap 3.09%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Coffee shops
Similar Off Market Nearby
- Gosia's Coffee Shop — 1581 Brickell Ave, Miami, FL 33129
- ST. AUGUSTINE COUNTRY CLUB, LLC — 33 SW 18th Terrace, Miami, FL 33129
- The Juice Spot — 1800 SW 1st Ave #104, Miami, FL 33129
- Stephen Cafes — 189 M-Path, Miami, FL 33129
- Threefold Cafe Brickell — 1441 Brickell Ave Suite 310, Miami, FL 33131
FAQs
What type of property is this?
Coffee shop - Two-story street-level retail with mezzanine, currently built for coffee service and suitable for select hospitality or retail users.
Where is this coffee shop located?
The property is located at 101-239 Sw 9th St Miami, FL.
What is the asking price?
The asking price for this property is $935,867.
What are key features of this property?
This property features: Two‑story street‑level retail space with mezzanine in Brickell (Smart Brickell Tower I).; Approximately 886 SF with a 33‑person occupancy capacity.; Currently leased on a 3‑year term with an approximate 4.5% cap rate.
