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Miami Beach Commercial Asset

5401 Collins Ave CU-9, Miami Beach, FL 33140

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For Sale

$1,600,000

3,200 SF commercial space in prime Miami Beach location.

Type:Commercial

Property size:

3,200 SF

Price / SF:

$500/SF

HighLights

Direct oceanfront location on prestigious Millionaire's Row in Miami Beach.
Commercially zoned for office and retail, serving an affluent residential area.
Turn‑key investment with immediate cash flow from existing tenants (bespoke tailor and office).
Six dedicated parking spaces, a rare and valuable amenity in this submarket.
Fully remodeled interior, minimizing immediate capital expenditure.
Full access to resort‑style building amenities.

We can help!

Listing Contact

Antonio Saladrigas

Learn more

For Sale

$1,600,000

3,200 SF commercial space in prime Miami Beach location.

Type:Commercial

Property size:

3,200 SF

Price / SF:

$500/SF

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 3:44 pm

Property Features for 5401 Collins Ave CU-9

General Information

Standard status: Active
Size: 3,200 SF
Property subtype: Commercial

Building Details

Year Built: 1967

We can help!

Listing Contact

Antonio Saladrigas

Listing agent Antonio Saladrigas License #3502121

Listing office Fausto Commercial Realty Consultants Inc

Listing date Apr 24, 2026

Source Elliman

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 Fausto Commercial Realty Consultants Inc

HighLights

Direct oceanfront location on prestigious Millionaire's Row in Miami Beach.
Commercially zoned for office and retail, serving an affluent residential area.
Turn‑key investment with immediate cash flow from existing tenants (bespoke tailor and office).
Six dedicated parking spaces, a rare and valuable amenity in this submarket.
Fully remodeled interior, minimizing immediate capital expenditure.
Full access to resort‑style building amenities.

Overview

Located in the heart of Miami Beach’s "Millionaire’s Row," 5401 Collins Avenue, Suite CU9, is a 3,200-square-foot multi-level commercial asset within the Carriage House. Commercially zoned for office and retail use, the space is uniquely positioned to serve an affluent residential corridor and benefits from a direct oceanfront orientation. The majority of the interior has been fully remodeled, minimizing immediate capital expenditure for a new owner and ensuring the space meets modern professional standards. Currently stabilized with a bespoke tailor and an upstairs office, the unit provides immediate cash flow alongside six dedicated parking spaces—a high-value rarity in this submarket that significantly enhances tenant retention and long-term valuation. This turn-key investment combines a prestigious waterfront location with full access to resort-style building amenities and a high-density, captive customer base. The location has a bike score of 70, making it very bikeable, a walk score of 91, making it a walker's paradise, and a transit score of 54, indicating good transit.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$145.9k	$45.60
− Vacancy	−$32.8k	−$10.26
EGI	$113.1k	$35.34
− OpEx	−$28.3k	−$8.84
NOI	$84.8k	$26.51

3,200 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.21M

$1.06M – $1.41M (±1% cap)

NOI $84,816 @ 7.0% cap · market cap 5.30%

Second Best

Retail

$773.0K

$676.4K – $901.8K (±1% cap)

NOI $54,109 @ 7.0% cap · market cap 3.38%

Theoretical Best

Office A

$1.62M

$1.42M – $1.89M (±1% cap)

NOI $113,645 @ 7.0% cap · market cap 7.10%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Miami Beach
County: Miami-Dade
State: Florida
Longitude: -80.120991
Latitude: 25.832803

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For sale
Retail space
FL
Miami Beach
33140
5401 Collins Ave CU-9

What type of property is this?

Retail space - 3,200 SF commercial space in prime Miami Beach location.

Where is this retail space located?

The property is located at 5401 Collins Ave CU-9 Miami Beach, FL.

What is the asking price?

The asking price for this property is $1,600,000.

What are key features of this property?

This property features: Direct oceanfront location on prestigious Millionaire's Row in Miami Beach.; Commercially zoned for office and retail, serving an affluent residential area.; Turn‑key investment with immediate cash flow from existing tenants (bespoke tailor and office).