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Ground-Floor Retail Space in Office Building
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555 Washington Ave, Miami Beach, FL 33139

Ground-floor retail space with landlord upgrades and grease trap, in a 66,000 SF office building with on-site parking.

Space SizeContact for details
Property Size2,878 SF
Days on Market876

Property Features for 555 Washington Ave

General Information

Standard status Active
Size 2,878 SF
Property subtype RETAIL
Listing Agency: Avenue Real Estate Partners
Listed By: Aaron Butler
Source: Moodyscre
Added: Mar 12, 2024 Changed: Jul 29 Last Checked: Aug 4 at 5:14AM

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 Avenue Real Estate Partners

Investment Insights

Based on property information with market context.

Ground-floor retail space is available, with approximately 1,700 to 10,000 square feet available as contiguous space. The space is located on the ground level of a 66,000 square foot office building designed by Arquitectonica. Landlord improvements and infrastructure updates include upgraded power systems and grease trap installations.

Convenience for customers is supported by an on-site parking garage with 243 spaces. The property is directly across the street from Angler’s Hotel (132 rooms) and the Good Time Hotel (266 rooms). It is also within a short walking distance of a thriving residential community, with estimated population of 10,988 within a half-mile radius.

The location near the South of Fifth (SoFi) neighborhood places the space in an area known for upscale residences and active dining and nightlife.

Key Highlights

  • Ground‑floor retail space available at approximately 1,700 to 10,000 SF contiguous
  • Located within a 66,000 SF Arquitectonica‑designed office building
  • Landlord improvements include upgraded power systems and grease trap installations

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Kitchen & Bath Showroom Furniture & Home Goods Plumbing Service Nursing Home Butcher Daycare Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,712
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

$57.24 /SF/Yr
Avg Asking Price
$13.83–$85 /SF/Yr
Price Range
4,492 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 - Ground-floor retail space with landlord upgrades and grease trap, in a 66,000 SF office building with on-site parking.
Where is this retail space located?
The property is located at 555 Washington Ave Miami Beach, FL.
What are key features of this property?
This property features: Ground‑floor retail space available at approximately 1,700 to 10,000 SF contiguous; Located within a 66,000 SF Arquitectonica‑designed office building; Landlord improvements include upgraded power systems and grease trap installations
(305) 397-8012 Call to check price and availability
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