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Miami Retail Space For Rent
For Lease
$28 SF/Yr

5900 NW 2nd Ave Suite 1, Miami, FL 33127

Retail space in gentrifying Miami neighborhood, close to major districts.

Space SizeContact for details
Days on Market169

Property Features for 5900 NW 2nd Ave Suite 1

General Information

Standard status Active

Building Details

Year Built 1961
Listing Agency: Infinity Commercial R.E.
Listed By: Theodore Konigsberg
Source: Mymiahomes
Added: Mar 27 Changed: Sep 8 Last Checked: Sep 11 at 12:23PM

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 Infinity Commercial R.E.

Investment Insights

Based on property information with market context.

Located in a rapidly gentrifying neighborhood just off I-95, this building features three tenant spaces. The property is located minutes from Downtown Miami, the Arts District, and the Design District. The building is improved and was formerly the home of Emerson Dorsch Gallery. All spaces include private ADA restrooms, glass double doors, skylights, high ceilings, and electric gate access. The property is suitable for retail and commercial real estate purposes.

Key Highlights

  • Prime location in a rapidly gentrifying neighborhood, minutes from Downtown Miami, Arts District & Design District.
  • Beautifully improved building with 3 tenants.
  • All spaces feature private ADA restrooms, glass double doors, skylights, and high ceilings.

Property Analytics

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Current Use

Exile Books Charitable Organization Brookhart Jonquil Artist Remote Studio at Laundromat ... Artist extra virgin press Art Studio Emerson Dorsch Interior Design

Suggested Use

Top Pick Dental Office Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher Pet Store Pet Store & Service

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,083
Businesses Nearby

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Miami, FL

$38.82 /SF/Yr
Avg Asking Price
$1.16–$129 /SF/Yr
Price Range
6,741 SF
Avg Space Size

This space is priced 28% below the average of $38.82 /SF/Yr.

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in gentrifying Miami neighborhood, close to major districts.
Where is this retail space located?
The property is located at 5900 NW 2nd Ave Suite 1 Miami, FL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Prime location in a rapidly gentrifying neighborhood, minutes from Downtown Miami, Arts District & Design District.; Beautifully improved building with 3 tenants.; All spaces feature private ADA restrooms, glass double doors, skylights, and high ceilings.
More about this property
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