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Calle Ocho Retail Opportunity
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1707 SW 5th St, Miami, FL

Renovated retail building in Little Havana with parking.

Space Size7,500 SF
Lot Size0.28 Acres
Days on Market625

Property Features for 1707 SW 5th St

General Information

Standard status Active
Size 7,500 SF
Lot size 0.28 Acres
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood Citrus Grove

Spaces For Lease

at 1707 SW 5th St
1707 SW 5th St $30/SF/Yr
Floor Bldg
Size 7,500 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Little Havana PRIME retail site, on the Calle Ocho Main Street Dsitrict. Benefit from all the action, pedestrian traffic, visibility, and tourist action of Calle Ocho’s main entertainment district, at half the price by being 2 blocks off the main drag but with better visibility and better parking. This corner retail building in the heart of Little Havana offers a freestanding 7,000sf building on a 12,500sf lot with private parking. - Site is equipped with grease traps, and is in the process of being fully renovated and to be delivered in vanilla box condition. Site is well suited for a multitude of uses including but not limited to restaurant, commissary, medical, lab, offices, nightlife venues, etc. Site can be offered in a variety of different size pads, from 900sf up to 7,500sf.
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Listing Agency: Fausto Commercial Realty
Listed By: Tony Saladrigas · License #SL3502121
Source: Moodyscre
Added: Feb 12, 2025 Changed: Oct 26 Last Checked: Oct 28 at 12:25PM

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 Fausto Commercial Realty

Rey
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Investment Insights

Based on property information with market context.

Located in the Little Havana neighborhood, this retail building offers a freestanding structure of 7,000 square feet on a 12,500 square foot lot with private parking. The site is situated on Calle Ocho, two blocks from the main entertainment district, offering visibility and parking. The building is being fully renovated and will be delivered in vanilla box condition. Equipped with grease traps, the site is suitable for various uses, including restaurant, commissary, medical, lab, offices, and nightlife venues. The space can be divided into different size pads, ranging from 900 square feet up to 7,500 square feet.

Key Highlights

  • Prime Little Havana retail location on Calle Ocho, benefiting from high pedestrian traffic and tourist activity.
  • Freestanding 7,000sf building on a 12,500sf lot with private parking.
  • Located two blocks off the main street, offering better visibility and parking at a lower price.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Electrical Service Carpet & Flooring Store Pet Grooming Service Catering Service Acupuncture

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,757
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Miami, FL

$39.84 /SF/Yr
Avg Asking Price
$1.16–$129 /SF/Yr
Price Range
7,139 SF
Avg Space Size

This space is priced 25% below the average of $39.84 /SF/Yr.

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Renovated retail building in Little Havana with parking.
Where is this retail space located?
The property is located at 1707 SW 5th St Miami, FL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Prime Little Havana retail location on Calle Ocho, benefiting from high pedestrian traffic and tourist activity.; Freestanding 7,000sf building on a 12,500sf lot with **private parking**.; Located two blocks off the main street, offering better visibility and parking at a lower price.
(786) 378-1850 · Office Call to check price and availability
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