Multi-Level Rooftop Hospitality
239 SW 9th St # 2401 Miami, FL 33130
For Sale
Contact for pricing
Leased multi-level rooftop space at Smart Brickell with two terraces and interior AC across the 24th and 25th floors.
Property Size3,069 SF
Price / SF$1,079
Days on Market122
Property Features for 239 SW 9th St # 2401
General Information
- Standard status
- Active
- Size
- 3,069 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing Agency:
Habitat Realty
(786) 521-8144
Listed By:
Javier Motta · License #3265070
Source:
Crexi
Added: Mar 24
Changed: Jul 21
Last Checked: Jul 23 at 1:24PM
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
Investment Insights
Based on property information with market context.
Presented within the Smart Brickell development, this multi-level rooftop hospitality space spans the 24th and 25th floors. The 24th floor includes 2,189 SF of interior AC area plus 400 SF of terrace space, creating an indoor-outdoor layout designed for rooftop gatherings. The 25th floor offers 880 SF of interior AC space together with an expansive 1,728 SF rooftop terrace.
The property is located in the Brickell area within walking distance of Brickell City Centre and Mary Brickell Village, with access to major transportation corridors. The asset is currently leased on a 1-year term, offering immediate income while allowing flexibility for an end user or investor.
Combined, the rooftop experience totals 3,069 SF of AC interior space and 2,128 SF of terrace space, supporting an upscale event, lounge, or bar concept across two levels.
The property is located in the Brickell area within walking distance of Brickell City Centre and Mary Brickell Village, with access to major transportation corridors. The asset is currently leased on a 1-year term, offering immediate income while allowing flexibility for an end user or investor.
Combined, the rooftop experience totals 3,069 SF of AC interior space and 2,128 SF of terrace space, supporting an upscale event, lounge, or bar concept across two levels.
Key Highlights
- Smart Brickell leased rooftop commercial space built in 2023, located across the 24th and 25th floors.
- 24th floor offers 2,189 SF interior AC space plus 400 SF terrace space.
- 25th floor offers 880 SF interior AC space plus 1,728 SF rooftop terrace space.
Financial Insights For Specialty 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 | $196.3k | $63.96 |
| − Vacancy | −$2.9k | −$0.96 |
| EGI | $193.3k | $63.00 |
| − OpEx | −$48.3k | −$15.75 |
| NOI | $145.0k | $47.25 |
3,069 SF · lease $63.96/SF/yr · vacancy 1.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.07M
$1.81M – $2.42M
NOI $145,012 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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
Similar Off Market Nearby
- Vallenato Miami — Brickell Ave, Miami, FL 33130, United States
- big — 1492 S Miami Ave, Miami, FL 33130
- Chateau Miami — 1500 Brickell Ave, Miami, FL 33129
- Edge Brasserie and Cocktail Bar — Four Seasons Hotel Miami, 1435 Brickell Ave, Miami, FL 33131
- Bahia — 1435 Brickell Ave, Miami, FL 33131
FAQs
What type of property is this?
Bar & Pub - Leased multi-level rooftop space at Smart Brickell with two terraces and interior AC across the 24th and 25th floors.
Where is this bar & pub 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 $3,313,883.
What are key features of this property?
This property features: Smart Brickell leased rooftop commercial space built in 2023, located across the 24th and 25th floors.; 24th floor offers 2,189 SF interior AC space plus 400 SF terrace space.; 25th floor offers 880 SF interior AC space plus 1,728 SF rooftop terrace space.
