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Retail Space with 282-Unit Clientele
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1600-1620 Northeast 2nd Avenue, Miami, FL 33132

Retail space with immediate access to 282 luxury residential units above.

Property Size1,577 SF
Days on Market9

Property Features for 1600-1620 Northeast 2nd Avenue

General Information

Standard status Active
Size 1,577 SF
Property subtype RETAIL
Listing Agency: Franklin Street | Miami
Listed By: Rafael Romero · License #3288548
Source: Moodyscre
Added: Jul 24 Changed: Jul 31 Last Checked: Aug 1 at 7:54AM

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 Franklin Street | Miami

Investment Insights

Based on property information with market context.

Retail space at 1600-1620 Northeast 2nd Avenue in Miami, with built-in access to a captive audience of 282 luxury residential units directly above.

The property is positioned in a high-traffic corridor connecting Downtown Miami to the Design District. The surrounding area includes nearby cultural and entertainment draws, including the Pérez Art Museum Miami, Kaseya Center, and Wynwood.

With 1,577 square feet of retail space, the location supports tenants seeking foot traffic and immediate proximity to a large, on-site residential customer base.

Key Highlights

  • Immediate access to 282 luxury residential units directly above
  • 1,577 SF retail space
  • High‑traffic corridor connecting Downtown Miami to the Design District

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home Butcher Tanning Salon (Bike/Boat/Book/etc) Store Veterinary Clinic 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

Location Intelligence

Trade Area within ½ mile

6,248
Businesses Nearby

Demographics for 33132, FL

18,159
Population
12,725
Households
1.4
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
12,106
Density / Sq Mi
$109,505
Median Household Income
$71,509
Median Earnings
$2,534
Median Rent
$545,100
Median Home Value

Market

Lease Benchmarks for Miami, FL

$38.24 /SF/Yr
Avg Asking Price
$0.89–$120 /SF/Yr
Price Range
5,432 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with immediate access to 282 luxury residential units above.
Where is this retail space located?
The property is located at 1600-1620 Northeast 2nd Avenue Miami, FL.
What are key features of this property?
This property features: Immediate access to 282 luxury residential units directly above; 1,577 SF retail space; High‑traffic corridor connecting Downtown Miami to the Design District
(305) 349-3922 Call to check price and availability
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