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Retail Unit in Centralis Residence
For Sale
$299,999

1110 NW 1 ST Commercial Unit, Miami, FL 33128

Retail space near Downtown Miami, Health District, and Brickell.

Property Size1,674 SF
Price / SF$179.21
Days on Market98

Property Features for 1110 NW 1 ST Commercial Unit

General Information

Standard status Active
Size 1,674 SF
Property subtype Commercial

Building Details

Year Built 2024
Listing Agency:
Listed By: Miguel Solis PA
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 29 at 11:40AM

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 Miguel Solis PA

Investment Insights

Based on property information with market context.

This commercial retail unit is located in the Centralis Residence, situated blocks from Downtown Miami, the Health District, and Brickell. The unit offers 1,674 square feet of vanilla box space, suitable for various businesses such as a coffee shop, nail or hair salon, or office space for real estate, law, or CPA firms. Located on the first floor facing 1st Street, the unit benefits from high visibility. It includes 1,374 square feet on the first floor with an additional loft space of approximately 300 square feet. The unit comes with two assigned gated parking spaces, supplemented by ample free street parking in the vicinity. Constructed in 2023, the Centralis Residence comprises 100 units, presenting a potential customer base for the retail space. The building features amenities including a resort-style pool, gym, and lounge/billiard room. This property is suitable for both owner-users and investors seeking income-producing opportunities. The location has a walk score of 93, indicating it is a Walker's Paradise, a bike score of 62, indicating it is Bikeable, and a transit score of 54, indicating Good Transit.

Key Highlights

  • Prime location: Blocks from Downtown Miami, Health District, and Brickell with a high walk score of 93.
  • 1,674 sqft retail space** in vanilla box condition ready for customization. Includes 1374 sqft on the first floor and a +/- 300 sqft loft.
  • Located in the Centralis Residence, servicing 100 residential units.

Property Analytics

Current Use

Flagler Oasis Apartment Building Blink Charging Station Electric Vehicle Charging Station

Suggested Use

Top Pick Acupuncture Carpet & Flooring Store Pet Grooming Service Butcher Restaurant Locksmith

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

4,038
Businesses Nearby

Demographics for 33128, FL

8,213
Population
4,533
Households
1.8
Avg Household Size
41
Median Age
22%
College-Educated
66%
High-School Grad
0.4 sq mi
ZIP Area
20,533
Density / Sq Mi
$36,308
Median Household Income
$32,082
Median Earnings
$1,316
Median Rent

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space near Downtown Miami, Health District, and Brickell.
Where is this retail space located?
The property is located at 1110 NW 1 ST Commercial Unit Miami, FL.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Prime location: Blocks from Downtown Miami, Health District, and Brickell with a high walk score of 93.; 1,674 sqft retail space** in vanilla box condition ready for customization. Includes 1374 sqft on the first floor and a +/- 300 sqft loft.; Located in the Centralis Residence, servicing 100 residential units.
More about this property
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