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Prime Miami Location on Caribbean
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10875 Caribbean Boulevard, Miami, FL 33189

Office location with daycare lease income and redevelopment potential.

Property Size19,557 SF
Lot Size2.30 Acres
Days on Market167

Property Features for 10875 Caribbean Boulevard

General Information

Standard status Active
Size 19,557 SF
Lot size 2.30 Acres
Property subtype Single Tenant or Freestanding Building
Listing Agency: The Shopping Center Group | Miami
Listed By: Amy Berrios
Source: Tscg
Added: Mar 6 Changed: Aug 9 Last Checked: Aug 20 at 4:17AM

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 The Shopping Center Group | Miami

Investment Insights

Based on property information with market context.

This property is located on an interior lot at the hard corner of Caribbean Boulevard and US-1 in Cutler Bay. It features a signalized entrance with full access from Caribbean Boulevard, right-in/right-out access from US-1, and additional access from US-1 through the parcel north of the premises. The location offers direct access to the Florida Turnpike from Caribbean Boulevard and US1. The property includes 70 parking spaces and has a GLA of 19,557 SF. The zoning is TC - Transect Zone C. The property is located across from Southplace City Center (formerly Southland Mall), which is currently under redevelopment. The redevelopment project will transform 80 acres into a vibrant community with live-work-play options, featuring over 4,000 residential units, 500,000 SF of retail space, a 150-key hotel, and 60,000 SF of medical office space. The property benefits from high traffic volume, with 172,000 AADT on the Florida Turnpike, 13,500 AADT on Caribbean Boulevard, and 51,000 AADT on US11. The property has daycare lease income.

Key Highlights

  • Prime location on Caribbean Boulevard in Miami, offering a dynamic and desirable work‑life balance.
  • Direct access to Florida Turnpike (172,000 AADT) via Caribbean Blvd (13,500 AADT) and US‑1 (51,000 AADT).
  • Located across from the Southplace City Center redevelopment project, which will include 4,000 residential units and 500,000 SF of retail space.

Property Analytics

Current Use

JOANN Fabric and Crafts (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Restaurant Storage Facility

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

Location Intelligence

Trade Area within ½ mile

1,083
Businesses Nearby

Demographics for 33189, FL

25,598
Population
8,901
Households
2.9
Avg Household Size
41
Median Age
27%
College-Educated
83%
High-School Grad
5.1 sq mi
ZIP Area
5,019
Density / Sq Mi
$66,487
Median Household Income
$41,039
Median Earnings
$1,539
Median Rent
$409,500
Median Home Value

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office location with daycare lease income and redevelopment potential.
Where is this office building located?
The property is located at 10875 Caribbean Boulevard Miami, FL.
What are key features of this property?
This property features: Prime location on Caribbean Boulevard in Miami, offering a dynamic and desirable work‑life balance.; Direct access to Florida Turnpike (172,000 AADT) via Caribbean Blvd (13,500 AADT) and US‑1 (51,000 AADT).; Located across from the Southplace City Center redevelopment project, which will include 4,000 residential units and 500,000 SF of retail space.
More about this property
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