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Versatile Commercial Unit in Miami Beach
For Sale
$225,000

5700 Collins Ave CU-1, Miami Beach, FL 33140

Prime Miami Beach location, ideal for diverse business ventures.

Days on Market101

Property Features for 5700 Collins Ave CU-1

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1968
Listing Agency: Luxe Properties
Listed By: Luca Madori · License #3446268
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 2 at 11:42AM

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 Luxe Properties

Investment Insights

Based on property information with market context.

This commercial unit at 5700 Collins Ave, CU-1, presents an excellent opportunity for ownership in a sought-after Miami Beach location. The unit offers outstanding visibility and flexibility, making it suitable for a wide range of business purposes. Permitted uses include restaurant, retail space, general office use, real estate office, or other general commercial purposes. All utility services are included in the HOA, offering predictable operating expenses. Situated in a high-traffic area along Collins Avenue, the property benefits from its surroundings, which include residential buildings, hotels, and substantial foot traffic. This location is advantageous for both owner-users and investors seeking long-term value. The property features a private entrance. The location has a bike score of 70, indicating it is very bikeable, a walk score of 91, designating it as a walker's paradise, and a transit score of 54, suggesting good transit options.

Key Highlights

  • Prime Miami Beach location on Collins Avenue with high visibility and strong foot traffic.
  • Versatile commercial unit suitable for a wide range of business uses.
  • All utility services included in HOA fees, offering predictable operating expenses.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Law Firm Food Market Hair Salon Grocery & Convenience Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

701
Businesses Nearby

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 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 - Prime Miami Beach location, ideal for diverse business ventures.
Where is this retail space located?
The property is located at 5700 Collins Ave CU-1 Miami Beach, FL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Prime Miami Beach location on Collins Avenue with high visibility and strong foot traffic.; Versatile commercial unit suitable for a wide range of business uses.; All utility services included in HOA fees, offering predictable operating expenses.
More about this property
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