Freestanding Storefront with
For Sale
Contact for pricing
Pending
51 NE 40th St, Miami, FL 33137
Retail building offers rear-alley access, private parking, and T5-O zoning supporting construction up to five stories.
Property Size4,000 SF
Lot Size0.11 Acres
Days on Market143
Property Features for 51 NE 40th St
General Information
Standard status
Pending
Size
4,000 SF
Lot size
0.11 Acres
Property subtype
Special Purpose
Zoning
T5-O
Additional Details
Opportunity Zone
Yes
Amenities
private parking spaces
Building Details
Buildings
1
Listing Agency:
La Rosa Realty Kendall, LLC.
Listed By:
Alexandra Diez · License #3245231
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Sep 1 at 12:22PM
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 La Rosa Realty Kendall, LLC.
Investment Insights
Based on property information with market context.
This freestanding storefront property includes 4,000 SF of retail space on a 5,000 SF parcel. The building has private parking and additional access from the rear alley, providing practical functionality for the existing retail configuration.
Located at 51 NE 40th St in Miami’s Design District, the property is within an established luxury retail and dining environment that includes flagship stores for Hermes, Cartier, Alexander McQueen, Dior, and Louis Vuitton. The site is designated as an Opportunity Zone and carries T5-O zoning, which permits construction of up to 5 stories. A luxury boutique hotel is planned half a block away.
Located at 51 NE 40th St in Miami’s Design District, the property is within an established luxury retail and dining environment that includes flagship stores for Hermes, Cartier, Alexander McQueen, Dior, and Louis Vuitton. The site is designated as an Opportunity Zone and carries T5-O zoning, which permits construction of up to 5 stories. A luxury boutique hotel is planned half a block away.
Key Highlights
- 4,000 SF freestanding retail building on 5,000 SF of land
- Private parking spaces and rear‑alley access
- T5‑O zoning permits construction of up to 5 stories
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,751
Businesses Nearby
Well-served
Demand for This Use
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?
Storefront property - Retail building offers rear-alley access, private parking, and T5-O zoning supporting construction up to five stories.
Where is this storefront property located?
The property is located at 51 NE 40th St Miami, FL.
What are key features of this property?
This property features: 4,000 SF freestanding retail building on 5,000 SF of land; Private parking spaces and rear‑alley access; T5‑O zoning permits construction of up to 5 stories
