Turn-Key Multi-Level Office/Retail
For Sale
$1,600,000
5401 Collins Avenue Unit CU9, Miami Beach, FL 33140
Fully remodeled suite in the Carriage House with upstairs office space and six dedicated parking spaces.
Property Size3,200 SF
Price / SF$500
Days on Market128
Property Features for 5401 Collins Avenue Unit CU9
General Information
Standard status
Active
Size
3,200 SF
Total Parking Spaces
6
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Year Built
1967
Listing Agency:
Fausto Commercial Realty Consultants Inc
(786) 378-1850
Listed By:
Antonio Saladrigas · License #A11847788
(786) 378-1850
Source:
Xome
Added: Mar 27
Changed: Jul 10
Last Checked: Jul 16 at 5:07AM
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 Fausto Commercial Realty Consultants Inc
Investment Insights
Based on property information with market context.
5401 Collins Avenue, Suite CU9, is a multi-level commercial suite within the Carriage House, configured for office and retail use. The majority of the interior has been fully remodeled, helping reduce immediate capital expenditure for a new owner and aligning the space with modern professional standards. The current layout includes a tailored tenant presence and an upstairs office.
Positioned in Miami Beach’s Millionaire’s Row and described as having direct oceanfront orientation, the suite benefits from its waterfront setting and proximity to the building’s resort-style amenities. The offering also includes six dedicated parking spaces, a practical amenity for staff and customers.
This suite can suit professionals or retailers looking for an office-forward environment paired with street-facing commerce potential within a dedicated commercial building. Because the space is already built out and partially configured for both retail and office functions, it may support straightforward transition for an owner-occupant or an investor seeking a turn-key condition with an on-site, existing mixed-use setup.
Positioned in Miami Beach’s Millionaire’s Row and described as having direct oceanfront orientation, the suite benefits from its waterfront setting and proximity to the building’s resort-style amenities. The offering also includes six dedicated parking spaces, a practical amenity for staff and customers.
This suite can suit professionals or retailers looking for an office-forward environment paired with street-facing commerce potential within a dedicated commercial building. Because the space is already built out and partially configured for both retail and office functions, it may support straightforward transition for an owner-occupant or an investor seeking a turn-key condition with an on-site, existing mixed-use setup.
Key Highlights
- 3,200 SF multi‑level commercial suite in the Carriage House at 5401 Collins Avenue
- Commercially zoned for office and retail use (Zoning 4100)
- Most of the interior has been fully remodeled for modern professional use
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $145.9k | $45.60 |
| − Vacancy | −$32.8k | −$10.26 |
| EGI | $113.1k | $35.34 |
| − OpEx | −$28.3k | −$8.84 |
| NOI | $84.8k | $26.51 |
3,200 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,816 @ 7.0% cap · market cap 5.30%
Second Best
Retail
$773.0K
$676.4K – $901.8K
NOI $54,109 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,645 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33140, FL
19,315
Population
16,000
Households
1.2
Avg Household Size
46
Median Age
62%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,231
Density / Sq Mi
$103,898
Median Household Income
$65,708
Median Earnings
$2,020
Median Rent
$863,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Moon Floral Studio — 5363 Collins Ave, Miami Beach, FL 33140
- Flowers by Lore — 5601 Collins Ave APT 1519, Miami Beach, FL 33140
Frequently Asked Questions
What type of property is this?
Storefront property - Fully remodeled suite in the Carriage House with upstairs office space and six dedicated parking spaces.
Where is this storefront property located?
The property is located at 5401 Collins Avenue Unit CU9 Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 3,200 SF multi‑level commercial suite in the Carriage House at 5401 Collins Avenue; Commercially zoned for office and retail use (Zoning 4100); Most of the interior has been fully remodeled for modern professional use
