Versatile Retail/Office
5700 Collins Avenue Unit CU1 Miami Beach, FL 33140
5700 Collins Avenue Unit CU1, Miami Beach, FL, 33140
$225,000
For Sale
$225,000
Commercial unit CU-1 at 5700 Collins Ave with a private entrance and utility services included in the HOA.
Property Size340 SF
Price / SF$661.76
Days on Market249
Property Features for 5700 Collins Avenue Unit CU1
General Information
- Standard status
- Active
- Size
- 340 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1968
Listing agency
Luxe Properties
(305) 469-0518
Listed by
Luca Madori · License #3446268
(305) 469-0518
Source
Compass
Added: Nov 14, 2025 Updated: Jul 21 at 5:23AM Checked: Jul 21 at 5:23AM
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.
Commercial unit CU-1 at 5700 Collins Avenue offers a versatile setup for a wide range of general commercial uses. The unit is described as suitable for options including restaurant, retail space, general office use, and real estate office, subject to permitted uses. A private entrance supports independent customer or staff access.
The unit is located along Collins Avenue in Miami Beach, surrounded by residential buildings and hotels, with the area described as supporting strong foot traffic.
Utility services are included in the HOA, helping support predictable operating expenses for an owner-user or investor.
The unit is located along Collins Avenue in Miami Beach, surrounded by residential buildings and hotels, with the area described as supporting strong foot traffic.
Utility services are included in the HOA, helping support predictable operating expenses for an owner-user or investor.
Key Highlights
- Commercial unit CU‑1 at 5700 Collins Ave with a private entrance
- All utility services included in the HOA
- Built in 1968
Local 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 | $15.5k | $45.60 |
| − Vacancy | −$3.5k | −$10.26 |
| EGI | $12.0k | $35.34 |
| − OpEx | −$3.0k | −$8.84 |
| NOI | $9.0k | $26.51 |
340 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$128.7K
$112.7K – $150.2K
NOI $9,012 @ 7.0% cap · market cap 4.01%
Second Best
Retail
$82.1K
$71.9K – $95.8K
NOI $5,749 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$172.5K
$150.9K – $201.3K
NOI $12,075 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Commercial unit CU-1 at 5700 Collins Ave with a private entrance and utility services included in the HOA.
Where is this retail space located?
The property is located at 5700 Collins Avenue Unit CU1 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: Commercial unit CU‑1 at 5700 Collins Ave with a private entrance; All utility services included in the HOA; Built in 1968
