Miami Beach Commercial Space
For Sale
Contact for pricing
538 Meridian Ave, Miami Beach, FL 33139
Prime location near Fifth Street, ideal for food and beverage.
Property SizeContact for details
Days on Market105
Property Features for 538 Meridian Ave
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
2019
Listing Agency:
InvesTeam Realty
(786) 832-7646
Listed By:
Laura Parra Lopez · License #3409250
(786) 832-7646
Source:
Elliman
Added: Apr 22
Changed: Jul 10
Last Checked: Aug 3 at 11:56AM
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 InvesTeam Realty
Investment Insights
Based on property information with market context.
This commercial space is situated in a prime location on Meridian Avenue in Miami Beach, half a block from Fifth Street. The property is located on the ground floor of an aparthotel consisting of 12 fully equipped two-bedroom, two-bathroom units with an 80% annual occupancy rate, which ensures consistent customer flow. The space is delivered equipped for food and beverage use, including a grease trap, refrigerators, microwave ovens, an orange juice extractor, five tables, a storage area, and a bathroom. This is a turnkey operation in an area with high pedestrian and vehicle traffic, surrounded by shops, restaurants, and year-round tourism. The property is suitable for cafes, juice bars, takeout, or similar concepts. The bike score is 71, indicating it is very bikeable. The walk score is 92, designating it as a walker's paradise, and the transit score is 59, indicating good transit options.
Key Highlights
- Prime location just half a block from Fifth Street on Meridian Avenue in Miami Beach.
- Turnkey operation equipped for food and beverage use including grease trap and refrigerators.
- Located on the ground floor of an aparthotel with high occupancy, ensuring consistent customer flow.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,712
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Properties on Market for Restaurants in Miami Beach
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Finesse Catering and Events — 300 Alton Rd, Miami Beach, FL 33139
- Supreme Hookah Catering — 1250 Drexel Ave APT 1, Miami Beach, FL 33139
- Open Tab Miami — 855 Euclid Ave, Miami Beach, FL 33139
- Creole Garden — 955 Alton Rd #031, Miami Beach, FL 33139
- Minera P'huyu Yuraq II EIRL — 705 Washington Ave, Miami Beach, FL 33139
Frequently Asked Questions
What type of property is this?
Restaurant - Prime location near Fifth Street, ideal for food and beverage.
Where is this restaurant located?
The property is located at 538 Meridian Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Prime location just half a block from Fifth Street on Meridian Avenue in Miami Beach.; Turnkey operation equipped for food and beverage use including grease trap and refrigerators.; Located on the ground floor of an aparthotel with high occupancy, ensuring consistent customer flow.
