Street-Level NNN Commercial
For Sale
Contact for pricing
Pending
480 NE 31 STREET # 1, Miami, FL 33137
Gray-shell commercial space with assigned parking in a mixed-use condominium setting near established Miami districts.
Property Size813 SF
Days on Market144
Property Features for 480 NE 31 STREET # 1
General Information
Standard status
Pending
Size
813 SF
Total Parking Spaces
2
Property subtype
Special Purpose
Additional Details
Corner Location
Yes
Building Details
Tenancy
Single
Listing Agency:
Related ISG Realty, LLC.
Listed By:
Mathy Garcia · License #0633664
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 4:39PM
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 Related ISG Realty, LLC.
Investment Insights
Based on property information with market context.
This 813-square-foot commercial space occupies the northeast corner of the Gran Paraiso building near its primary entrance. The street-level suite is delivered in gray-shell condition, allowing the interior to be customized for the eventual commercial use. Two assigned parking spaces are included.
The property is positioned within the Gran Paraiso development, which includes approximately 1,200 condominium units, with at least five additional new condominium projects nearby. Midtown, the Miami Design District, and Wynwood are described as walkable destinations. Miami International Airport is approximately 15 minutes away by car, while downtown Miami is about 10 minutes away; South Beach and Miami Beach are approximately 15 minutes away.
The space is reported to be subject to a five-year NNN lease that began October 15, 2020, with annual increases of 3%.
The property is positioned within the Gran Paraiso development, which includes approximately 1,200 condominium units, with at least five additional new condominium projects nearby. Midtown, the Miami Design District, and Wynwood are described as walkable destinations. Miami International Airport is approximately 15 minutes away by car, while downtown Miami is about 10 minutes away; South Beach and Miami Beach are approximately 15 minutes away.
The space is reported to be subject to a five-year NNN lease that began October 15, 2020, with annual increases of 3%.
Key Highlights
- 813 SF commercial suite at the northeast corner of Gran Paraiso
- Street‑level position near the building’s main entrance
- Delivered in gray‑shell condition for interior customization
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,119
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Gray-shell commercial space with assigned parking in a mixed-use condominium setting near established Miami districts.
Where is this nnn property located?
The property is located at 480 NE 31 STREET # 1 Miami, FL.
What are key features of this property?
This property features: 813 SF commercial suite at the northeast corner of Gran Paraiso; Street‑level position near the building’s main entrance; Delivered in gray‑shell condition for interior customization
