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239 SW 9th St 2401, Miami, FL, 33130
Brickell Rooftop Commercial Space

239 SW 9th St 2401 Miami, FL 33130

For Sale
$3,238,883

Unique rooftop space in Brickell with skyline views.

Property Size3,069 SF
Price / SF$1,055
Days on Market122

Property Features for 239 SW 9th St 2401

General Information

Standard status
Active
Size
3,069 SF
Property subtype
Commercial

Building Details

Year Built
2023
Listing Agency: Habitat Realty LLC
Listed By: Javier Motta · License #3265070
Source: Elliman
Added: Mar 26 Changed: Jul 10 Last Checked: Jul 24 at 12:00PM

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 Habitat Realty LLC


Investment Insights

Based on property information with market context.

Located in the heart of Brickell within the Smart Brickell development, this commercial property offers a unique opportunity to acquire a premium rooftop space. The property features modern finishes, floor-to-ceiling glass, expansive terraces, and panoramic skyline views. It is suitable for hospitality, events, or upscale commercial concepts. The 24th floor includes 2,189 square feet of interior air-conditioned space and a 400-square-foot terrace, creating an indoor-outdoor environment suitable for events, lounge concepts, or private gatherings. The 25th floor features 880 square feet of interior air-conditioned space and a 1,728-square-foot rooftop terrace with panoramic skyline views, ideal for a bar, hospitality venue, or rooftop lounge. Combined, the property provides a total of 3,069 square feet of air-conditioned interior space and 2,128 square feet of terrace space. The property is currently leased for a 1-year term, providing immediate income. Ownership may negotiate an early tenant termination. The location benefits from strong pedestrian traffic and continued growth in Miami’s financial district, situated steps from Brickell City Centre, Mary Brickell Village, and major transportation corridors.

Key Highlights

  • Rare Rooftop Commercial Space: Unique opportunity in Miami's Brickell, a highly sought‑after and limited asset type.
  • Prime Location: Steps from Brickell City Centre, Mary Brickell Village, and major transportation, benefiting from high pedestrian traffic.
  • Income‑Generating: Currently leased with option for early termination, providing immediate income or vacant possession.

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $159.5k $51.96
− Vacancy −$16.4k −$5.35
EGI $143.0k $46.61
− OpEx −$42.9k −$13.98
NOI $100.1k $32.63
3,069 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,128 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.07M
$1.81M – $2.42M (±1% cap)
NOI $145,012 @ 7.0% cap · market cap 4.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Blink Charging Station Electric Vehicle Charging Station Elysium Spa Spa & Massage Center Soca Smart Cafe Cafe & Coffee Shop Smart Brickell Hotel Hotel & Motel Matt shop Telecommunications Service

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Unique rooftop space in Brickell with skyline views.
Where is this retail space located?
The property is located at 239 SW 9th St 2401 Miami, FL.
What is the asking price?
The asking price for this property is $3,238,883.
What are key features of this property?
This property features: Rare Rooftop Commercial Space: Unique opportunity in Miami's Brickell, a highly sought‑after and limited asset type.; Prime Location: Steps from Brickell City Centre, Mary Brickell Village, and major transportation, benefiting from high pedestrian traffic.; Income‑Generating: Currently leased with option for early termination, providing immediate income or vacant possession.
More about this property
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