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South Beach Office/Retail Building
For Lease
$37,500

420-426 Jefferson Avenue, Miami Beach, FL 33139

23,000 SF building in thriving South Beach district.

Space SizeContact for details
Days on Market1195

Property Features for 420-426 Jefferson Avenue

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Surfside / Bal Harbour
Listed By: Sam Gaita · License #SL3254175
Source: Corcoran
Added: May 30, 2023 Changed: Aug 22 Last Checked: Sep 5 at 9:15AM

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 Surfside / Bal Harbour

Investment Insights

Based on property information with market context.

Located on 5th Street in the SoFi neighborhood, this 23,000 square foot office building was constructed in 1975. The property is centrally located within a thriving retail and commercial district in South Beach, surrounded by hotels, restaurants, banking, and shopping. It offers convenient access to MacArthur Causeway, Downtown Miami, Brickell, and Miami International Airport. The building is functionally built out and includes gated parking. The available space is 5,000 square feet and the intended use is for office and retail purposes.

Key Highlights

  • Premier location on 5th Street in the exclusive SoFi neighborhood.
  • Centrally located within a thriving retail and commercial district in South Beach.
  • Easy access to MacArthur Causeway, Downtown Miami, Brickell, and Miami International Airport.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Furniture & Home Goods Daycare Center Auto Parts Store Nursing Home Veterinary Clinic

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

4,746
Businesses Nearby

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 23,000 SF building in thriving South Beach district.
Where is this office building located?
The property is located at 420-426 Jefferson Avenue Miami Beach, FL.
What is the lease rate?
The lease rate is $37,500.
What are key features of this property?
This property features: Premier location on 5th Street in the exclusive SoFi neighborhood.; Centrally located within a thriving retail and commercial district in South Beach.; Easy access to MacArthur Causeway, Downtown Miami, Brickell, and Miami International Airport.
More about this property
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