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Corner Retail Space
New
For Lease
$17,792/Mo

1407 Washington Ave Unit 1401, Miami Beach, FL 33139

Shell-condition suite offers an open layout for tenant customization.

Space Size2,000 SF
Days on Market2

Property Features for 1407 Washington Ave Unit 1401

General Information

Standard status Active
Size 2,000 SF
Net Rentable 2,000 SF

Space & Availability

Available Space 2,000 SF
Contiguous Space 2,000 SF
Space Use Retail
Available From Immediate

Lease Terms

Lease Rate $17,792 /USD/MO
Monthly Rent $17,792
Rent per SF/Year $106.75

Additional Details

Corner Location Yes

Building Details

Year Built 1935
Listing Agency: Southern Signature Realty LLC
Listed By: Mary E Roman · License #3200819
Source: Chenoregroup
Added: Sep 9 Last Checked: Sep 9 at 4:01PM

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 Southern Signature Realty LLC

Investment Insights

Based on property information with market context.

This retail suite occupies a corner position at 1407 Washington Ave Unit 1401 in Miami Beach. The approximately 2,000-square-foot space is delivered in shell condition with an open floor plan, allowing the interior to be built out for a specific operation or retained as a largely unobstructed layout. The building dates to 1935.

The property fronts Washington Ave near South Beach and benefits from street exposure and pedestrian activity described for the corridor. Established national and local anchor tenants in the surrounding area contribute to the commercial setting. The space is available for immediate occupancy and can accommodate retail, boutique, or service-oriented uses as supported by the existing configuration.

Key Highlights

  • Approximately 2,000 SF of retail space
  • Corner position with frontage on Washington Ave
  • Open floor plan delivered in shell condition

Property Analytics

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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.

Lease Details

NNN (Triple Net)
Lease Type
$16.01 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8,301
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
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Market

Lease Benchmarks for Miami Beach, FL

$46.8 /SF/Yr
Avg Asking Price
$1.46–$110 /SF/Yr
Price Range
4,440 SF
Avg Space Size

This space is priced 128% above the average of $46.8 /SF/Yr.

Vacancy Rate% for Retail in South region

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

What type of property is this?
Retail space - Shell-condition suite offers an open layout for tenant customization.
Where is this retail space located?
The property is located at 1407 Washington Ave Unit 1401 Miami Beach, FL.
What is the lease rate?
The lease rate is $17,792/Mo.
What are key features of this property?
This property features: Approximately 2,000 SF of retail space; Corner position with frontage on Washington Ave; Open floor plan delivered in shell condition
More about this property
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