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Miami Beach Retail Space
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340 W 42 St, Miami Beach, FL 33140

Centrally located retail space in a walkable Miami Beach neighborhood.

Space Size993 SF - 2,090 SF
Property Size6,571 SF
Days on Market673

Property Features for 340 W 42 St

General Information

Standard status Active
Size 993 SF - 2,090 SF
Property subtype Retail, Restaurant

Building Details

Building Size 6,571 SF
Tenancy Multiple

Spaces For Lease

at 340 W 42 St Contact us

Restaurant 112

Size
2,090 SF
Type
Retail
Availability
Active
Contact us

Retail 110

Size
993 SF
Type
Retail
Availability
Active
Contact us

Retail 111

Size
1,704 SF
Type
Retail
Availability
Active
Contact us

Retail 123

Size
1,784 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Vertical Real Estate
Listed By: Robin Weiner · License #FL
Source: Crexi
Added: Oct 21, 2024 Changed: Aug 8 Last Checked: Aug 23 at 10:12PM

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 Vertical Real Estate

Investment Insights

Based on property information with market context.

The property at 340 W 42 St is centrally located in one of Miami Beach’s most coveted and walkable residential neighborhoods. It is suitable for retail and restaurant businesses.

Key Highlights

  • Centrally located in a coveted Miami Beach residential neighborhood.
  • Walkable neighborhood.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Barber Shop Auto Parts Store Carpet & Flooring Store Locksmith

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

2,640
Businesses Nearby

Demographics for 33140, FL

19,315
Population
16,000
Households
1.2
Avg Household Size
46
Median Age
62%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,231
Density / Sq Mi
$103,898
Median Household Income
$65,708
Median Earnings
$2,020
Median Rent
$863,600
Median Home Value

Market

Lease Benchmarks for Miami Beach, FL

$50.38 /SF/Yr
Avg Asking Price
$8.35–$85 /SF/Yr
Price Range
3,552 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Centrally located retail space in a walkable Miami Beach neighborhood.
Where is this retail space located?
The property is located at 340 W 42 St Miami Beach, FL.
What are key features of this property?
This property features: Centrally located in a coveted Miami Beach residential neighborhood.; Walkable neighborhood.
More about this property
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