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Prime Retail Space Available
For Sale
$4,700,000

1215 West Ave #CU-1, Miami Beach, FL 33139

Retail space on the west side of the island.

Property Size5,174 SF
Price / SF$908.39
Days on Market185

Property Features for 1215 West Ave #CU-1

General Information

Standard status Active
Size 5,174 SF
Property subtype Commercial
Zoning 4000

Building Details

Building Size 5,174 SF
Year Built 2016
Buildings 1
Stories 3
Units 3
Listing Agency: Keller Williams Capital Realty
Listed By: Jorge Fernandez-Pla · License #A11988191
Source: Futureoptionrealty
Added: Apr 24 Changed: Oct 24 Last Checked: Oct 23 at 6:06PM

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 Keller Williams Capital Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail space presents opportunities for various businesses, including retail sites, restaurants, boutique apparel stores, wine bars, or sales businesses. Located on the west side of the island along the bay, the location is suitable for servicing the local residents and tourists visiting the area. The operating expenses (NNN) are $25/SF. The bike score is 71, indicating it is very bikeable. The walk score is 92, designating it as a walker's paradise. The transit score is 59, suggesting good transit options.

Key Highlights

  • Walker's Paradise: Enjoy excellent walkability with a Walk Score of 92.
  • High Tourist Traffic: Capitalize on 12 million annual tourist visits.
  • Serves a Large Local Population: Access to 40,000 local residents.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Restaurant Nursing Home Adult Day Care Pet Grooming 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.

Location Intelligence

Trade Area within ½ mile

6,734
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail space on the west side of the island.
Where is this retail space located?
The property is located at 1215 West Ave #CU-1 Miami Beach, FL.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Walker's Paradise: Enjoy excellent walkability with a Walk Score of 92.; High Tourist Traffic: Capitalize on 12 million annual tourist visits.; Serves a Large Local Population: Access to 40,000 local residents.
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