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Standalone Retail Storefront
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116 S Miami Ave, Miami, FL 33130

Owner-occupied retail building in downtown Miami near rail transit, offices, dining, entertainment, and major shopping destinations.

Property SizeContact for details
Days on Market144

Property Features for 116 S Miami Ave

General Information

Standard status Active
Property subtype Retail
Listed By: Luis Hoffmann · License #3036884
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 1:31AM

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 Luis Hoffmann

Investment Insights

Based on property information with market context.

This owner-occupied standalone retail building is located at 116 S Miami Ave in downtown Miami. The property is positioned within a transit-oriented development area and carries T6-80-O zoning. The site is identified for potential development of up to 102 units under the Live Local/SB-102 Act, subject to applicable requirements.

The property is near the Miami Ave Metro station at SE/SW 1st Street, Flagler Street Promenade, Brickell City, Miami Worldcenter, Kaseya Center, Bayfront Park, and Miami’s Arts & Entertainment District. Miami Central Station provides connections toward Miami International Airport and Brightline service. Whole Foods, Publix, and Aldi are also nearby, with surrounding offices, dining, nightlife, tourist destinations, and sports venues.

Key Highlights

  • Standalone, owner‑occupied retail building in downtown Miami
  • Proforma 6% cap rate
  • T6‑80‑O zoning in a Transit Oriented Development (TOD) area

Property Analytics

Current Use

Distrito de Diseño Clothing Store

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Daycare Center

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

16,324
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33130, FL

35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Owner-occupied retail building in downtown Miami near rail transit, offices, dining, entertainment, and major shopping destinations.
Where is this storefront property located?
The property is located at 116 S Miami Ave Miami, FL.
What are key features of this property?
This property features: Standalone, owner‑occupied retail building in downtown Miami; Proforma 6% cap rate; T6‑80‑O zoning in a Transit Oriented Development (TOD) area
(305) 962-6326 Call to check price and availability
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