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Retail Space with Grease Trap
For Lease
$4,700/Mo

480 NE 31, Miami, FL 33137

Tall ceilings, broad storefront glazing, and a grease trap support food-service or other retail operations.

Space SizeContact for details
Days on Market10

Property Features for 480 NE 31

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Commercial

Additional Details

Space Use Retail

Taxes and HOA fees

Annual Taxes $3,722

Amenities

high ceilings
expansive storefront glass
above-ground grease trap
covered card-access garage
Listing Agency: CBA Realty & Property Mgmt.
Listed By: Cristina Moinelo · License #3115314
Source: Elliman
Added: Oct 23 Changed: Oct 26 Last Checked: Nov 1 at 5:54AM

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 CBA Realty & Property Mgmt.

Rey
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Investment Insights

Based on property information with market context.

This Miami retail space features high ceilings, extensive storefront glass, and an above-ground grease trap. Two assigned tandem parking spaces are included in a covered garage with card access.

The space is within an established residential community, with access to Midtown, the Design District, Wynwood, and Downtown Miami. Walk Score is 92, Bike Score is 86, and Transit Score is 79.

Key Highlights

  • Above‑ground grease trap
  • Two assigned tandem spaces in a covered, card‑access garage
  • High ceilings and expansive storefront glass

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Adam Floyd Design Interior Design Beach Front Realty ... Real Estate Agency Gran Paraiso Apartments Real Estate Agency king david massage Alternative Medicine Practice Gran Paraiso Condominium ... Condominium Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store Buffet Adult Day Care Nursing Home

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

3,119
Businesses Nearby

Demographics for 33137, FL

25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Miami, FL

$39.84 /SF/Yr
Avg Asking Price
$1.16–$129 /SF/Yr
Price Range
7,139 SF
Avg Space Size

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Tall ceilings, broad storefront glazing, and a grease trap support food-service or other retail operations.
Where is this retail space located?
The property is located at 480 NE 31 Miami, FL.
What is the lease rate?
The lease rate is $4,700/Mo.
What are key features of this property?
This property features: Above‑ground grease trap; Two assigned tandem spaces in a covered, card‑access garage; High ceilings and expansive storefront glass
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