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Prime Retail Space on South Beach
For Lease
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500-590 Collins Ave Miami Beach FL, Miami Beach, FL 33139

High-visibility corner location, ready for tenant improvements.

Space Size1,586 SF - 10,000 SF
Days on Market218

Property Features for 500-590 Collins Ave Miami Beach FL

General Information

Standard status Active
Size 1,586 SF - 10,000 SF
Property subtype Retail

Spaces For Lease

at 500-590 Collins Ave Miami Beach FL Contact us

Suite 530

Size
1,586 SF
Type
Street Retail
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 590

Size
10,000 SF
Type
Street Retail
Term
Negotiable
Rate
Contact for pricing
Contact us
Listed By: Greg Masin
Source: Nmrk
Added: Jan 27 Changed: Aug 8 Last Checked: Sep 1 at 5:40PM

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 Greg Masin

Investment Insights

Based on property information with market context.

This retail property is available for lease on one of South Beach's highest visibility corners, marking the gateway to Ocean Drive. The premises benefits from its location on a hard corner with exceptional street presence within a retail corridor surrounded by regional and national co-tenants. Situated on the ground floor of a parking garage and below a 29,000 square foot Equinox Fitness, the property offers significant exposure. Currently occupied by Zara, the landlord will deliver the demised premises ready for tenant improvements. The space features floor-to-ceiling glass storefronts and ceiling heights of over 14 feet.

Key Highlights

  • Highest visibility corner location on South Beach and gateway to Ocean Drive.
  • Located on the ground floor of a parking garage and below a 29,000 sq ft Equinox Fitness.
  • Hard corner with exceptional street presence on the retail corridor.

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,611
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

Lease Benchmarks for Miami Beach, FL

$50.05 /SF/Yr
Avg Asking Price
$1.46–$110 /SF/Yr
Price Range
4,327 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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Frequently Asked Questions

What type of property is this?
Retail space - High-visibility corner location, ready for tenant improvements.
Where is this retail space located?
The property is located at 500-590 Collins Ave Miami Beach FL Miami Beach, FL.
What are key features of this property?
This property features: Highest visibility corner location on South Beach and gateway to Ocean Drive.; Located on the ground floor of a parking garage and below a 29,000 sq ft Equinox Fitness.; Hard corner with exceptional street presence on the retail corridor.
More about this property
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