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Fifth-Floor Office Condominium
For Lease
$55 SF/Yr

500-605 Lincoln Rd, Miami Beach, FL 33139

Fully renovated 2025 fifth-floor office condo features 18 private offices, conference room, and secure elevator reception.

Space SizeContact for details
Days on Market57

Property Features for 500-605 Lincoln Rd

General Information

Standard status Active

Amenities

secure elevator
private reception area
conference room
modern kitchen

Building Details

Year Renovated 2025
Tenancy Single
Listing Agency: Compass Florida, LLC
Listed By: Menachem Fellig · License #A12070209
Source: Exprealty
Added: Jul 21 Changed: Sep 14 Last Checked: Sep 14 at 1:24PM

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 Compass Florida, LLC

Investment Insights

Based on property information with market context.

This offering includes the entire fifth floor office condominium at 605 Lincoln Road. The space was fully renovated in 2025 and includes new porcelain flooring, upgraded bathrooms, a brand new modern kitchen, custom millwork, and updated lighting. The layout provides 18 private offices, including two executive suites, along with a conference room, and a secure elevator that opens directly into a private reception area.

Parking is available through the City of Miami Beach in an adjacent public parking garage. The building is positioned steps from the approved convention center hotel site currently under construction for an approximately 800-room hotel.

The property is currently configured as a single tenant office floor, with flexibility noted for potential reconfiguration to multi-tenant use if desired.

Key Highlights

  • Entire 5th‑floor office condominium offered for sale, totaling approximately 9,800 SF
  • Fully renovated in 2025 with new porcelain flooring, upgraded bathrooms, and a brand‑new modern kitchen
  • Layout includes 18 private offices (including two executive suites) plus a conference room

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Plumbing Service Pet Grooming Service Daycare Center 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

Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
$8.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8,122
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

$55.55 /SF/Yr
Avg Asking Price
$45–$110 /SF/Yr
Price Range
11,033 SF
Avg Space Size

This space is priced 1% below the average of $55.55 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Fully renovated 2025 fifth-floor office condo features 18 private offices, conference room, and secure elevator reception.
Where is this office units located?
The property is located at 500-605 Lincoln Rd Miami Beach, FL.
What is the lease rate?
The lease rate is $55 SF/Yr.
What are key features of this property?
This property features: Entire 5th‑floor office condominium offered for sale, totaling approximately 9,800 SF; Fully renovated in 2025 with new porcelain flooring, upgraded bathrooms, and a brand‑new modern kitchen; Layout includes 18 private offices (including two executive suites) plus a conference room
More about this property
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