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Mixed-Use Building with Restaurant Space
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1445 Pennsylvania Ave, Miami Beach, FL 33139

Ground-floor food-service space with a commercial kitchen is positioned beneath eight residential apartments.

Property SizeContact for details
Days on Market140

Property Features for 1445 Pennsylvania Ave

General Information

Standard status Active
Property subtype Retail, Multifamily, Mixed Use

Restaurant

Commercial Hood Yes
Grease Trap Yes

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8

Additional Details

Floor Ground

Building Details

Buildings 1
Listing Agency: Marcus & Millichap - Miami
Listed By: Scott Sandelin · License #FL SL636794
Source: Crexi
Added: Apr 16 Changed: Aug 31 Last Checked: Aug 29 at 8:36PM

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 Marcus & Millichap - Miami

Investment Insights

Based on property information with market context.

Located at 1445 Pennsylvania Avenue in Miami Beach, this mixed-use property combines approximately 3,700 square feet of vacant ground-floor restaurant space with eight residential apartments above. Each apartment has one bedroom and one bathroom, creating a distinct residential component within the asset.

The commercial area includes a kitchen, grease trap, and hood. The existing layout supports continued restaurant use or reconfiguration into separate retail or commercial space. The property is positioned at the western end of Espanola Way, near the South Beach commercial and dining district, with Pennsylvania Avenue, Washington Avenue, Lincoln Road, and Ocean Drive identified in the surrounding context.

Espanola Way has undergone beautification and infrastructure work, while Washington Avenue is described as an area of zoning changes, hotel development, and ongoing construction activity. The property offers a combination of ground-floor commercial space and upper-level apartment units in an established Miami Beach setting.

Key Highlights

  • Approximately 3,700 square feet of vacant ground‑floor restaurant space
  • Eight one‑bedroom, one‑bath residential apartments above
  • Commercial kitchen includes a grease trap and hood

Property Analytics

Current Use

Conventional restaurants

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

8
Residential units
Yes
Commercial hood
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

8,703
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor food-service space with a commercial kitchen is positioned beneath eight residential apartments.
Where is this mixed-use property located?
The property is located at 1445 Pennsylvania Ave Miami Beach, FL.
What are key features of this property?
This property features: Approximately 3,700 square feet of vacant ground‑floor restaurant space; Eight one‑bedroom, one‑bath residential apartments above; Commercial kitchen includes a grease trap and hood
(786) 522-7009 Call to check price and availability
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