Two-Story Street-Level Retail
239 SW 9th Street #101 Miami, FL 33130
239 SW 9th Street #101, Miami, FL, 33130
$935,867
For Sale
$935,867
Two-story street-level retail with floor-to-ceiling glass, currently set up for a coffee concept.
Property Size886 SF
Price / SF$1,056
Days on Market41
Property Features for 239 SW 9th Street #101
General Information
- Standard status
- Active
- Size
- 886 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2023
Listing Agency
HABITAT REALTY LLC
Listed by
JAVIER A MOTTA · License #A11988802
Source
Corcoran
Added: Jun 9 Checked: Jul 19 at 4:14 am
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.
Rare opportunity to acquire a street-level retail asset within Smart Brickell Tower I. The property is a two-story commercial space with an entry on the street and a first floor plus mezzanine level, designed with modern finishes and floor-to-ceiling glass to support strong in-store presentation. The space is currently configured for a coffee shop concept, with approximately 886 SF and an occupancy capacity of 33 people.
The location is in the heart of Brickell, with access to nearby retail and office demand generated by the surrounding towers. It is described as being just steps from Brickell City Centre and Mary Brickell Village, placing the space within an active pedestrian environment.
For an operator, the layout and current coffee concept buildout can support a like-for-like use while the large glazing can help showcase merchandising. For buyers, the property is currently leased on a 3-year term, providing in-place income. The tenant’s early termination may be negotiated, which may allow the space to be delivered vacant if that best fits your strategy.
The location is in the heart of Brickell, with access to nearby retail and office demand generated by the surrounding towers. It is described as being just steps from Brickell City Centre and Mary Brickell Village, placing the space within an active pedestrian environment.
For an operator, the layout and current coffee concept buildout can support a like-for-like use while the large glazing can help showcase merchandising. For buyers, the property is currently leased on a 3-year term, providing in-place income. The tenant’s early termination may be negotiated, which may allow the space to be delivered vacant if that best fits your strategy.
Key Highlights
- 2023‑built, two‑story street‑level retail space in Brickell with 1st floor + mezzanine
- Approx. 886 SF with floor‑to‑ceiling glass and modern finishes
- Currently designed for a coffee shop concept with approx. 33‑person occupancy capacity
Local 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 | $56.7k | $63.96 |
| − Vacancy | −$850 | −$0.96 |
| EGI | $55.8k | $63.00 |
| − OpEx | −$14.0k | −$15.75 |
| NOI | $41.9k | $47.25 |
886 SF · lease $63.96/SF/yr · vacancy 1.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$598.1K
$523.3K – $697.7K
NOI $41,864 @ 7.0% cap · market cap 4.47%
Second Best
Retail
$412.9K
$361.3K – $481.8K
NOI $28,906 @ 7.0% cap · market cap 3.09%
Theoretical Best
—
—
same as Best Use
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
Similar For Sale Nearby
Similar Off Market Nearby
- Gosia's Coffee Shop — 1581 Brickell Ave, Miami, FL 33129
- ST. AUGUSTINE COUNTRY CLUB, LLC — 33 SW 18th Terrace, Miami, FL 33129
- The Juice Spot — 1800 SW 1st Ave #104, Miami, FL 33129
- Stephen Cafes — 189 M-Path, Miami, FL 33129
- Threefold Cafe Brickell — 1441 Brickell Ave Suite 310, Miami, FL 33131
FAQs
What type of property is this?
Coffee shop - Two-story street-level retail with floor-to-ceiling glass, currently set up for a coffee concept.
Where is this coffee shop located?
The property is located at 239 SW 9th Street #101 Miami, FL.
What is the asking price?
The asking price for this property is $935,867.
What are key features of this property?
This property features: 2023‑built, two‑story street‑level retail space in Brickell with 1st floor + mezzanine; Approx. 886 SF with floor‑to‑ceiling glass and modern finishes; Currently designed for a coffee shop concept with approx. 33‑person occupancy capacity
