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Multi-Suite Retail Center

601-615 5th Street, Miami Beach, FL 33139

For Lease
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Five retail suites are available individually or in combination, including space on both 5th Street and Washington Avenue.

Space Size680 SF - 2,599 SF
Property Size14,436 SF
Lot Size0.64 Acres
Days on Market61

Property Features for 601-615 5th Street

General Information

Standard status Active
Size 680 SF - 2,599 SF
Net Rentable 680 SF
Total Parking Spaces 29
Lot size 0.64 Acres
Property subtype Retail
Zoning C-PS2

Space & Availability

Available Space 680-8,097 SF
Contiguous Space 2,599 SF
Space Use Retail

Site & Location

Neighborhood Art Deco Historic District
Corner Location Yes
Anchor Co-Tenants Chase Bank, Wash Club South Beach

Building Details

Year Built 1993
Building Size 14,436 SF
Tenancy Multi

Spaces For Lease

at 601-615 5th Street Contact us

Suite 506 Active

Size 680 SF
Contact us

Suite 601 Active

Size 1,371 SF
Contact us

Suite 607 Active

Size 2,599 SF
Contact us

Suite 609 Active

Size 2,068 SF
Contact us

Suite 615 Active

Size 2,059 SF
Contact us
Listing Agency: Horvath & Tremblay
Listed By: Barbara Montero · License #SL 3404553
Source: Crexi
Added: Sep 10 Changed: Nov 8 Last Checked: Nov 8 at 5:11PM

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 Horvath & Tremblay

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Investment Insights

Based on property information with market context.

This 14,436-square-foot retail center was built in 1993 on a 0.64-acre corner parcel. Five suites are available: four facing 5th Street, measuring 1,371 SF, 2,599 SF, 2,068 SF and 2,059 SF, plus a 680 SF suite on Washington Avenue. The 5th Street spaces can be leased separately or combined for up to 8,097 SF. The property is zoned C-PS2 and has 29 on-site parking spaces.

At the signalized intersection of 5th Street and Washington Avenue in Miami Beach, the center is anchored by Chase Bank and also includes Wash Club South Beach.

Key Highlights

  • 14,436‑square‑foot retail center on a 0.64‑acre corner parcel
  • Four 5th Street suites: 1,371 SF, 2,599 SF, 2,068 SF and 2,059 SF
  • Fifth Street suites may be combined for up to 8,097 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Restaurant Nursing Home Adult Day Care 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,611
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

$48.59 /SF/Yr
Avg Asking Price
$4.03–$110 /SF/Yr
Price Range
4,717 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Miami Beach, FL

$57.24 Jul
$50.26 Aug
$49.97 Sep
$48.59 Oct

Properties on Market for Retail space in Miami Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Five retail suites are available individually or in combination, including space on both 5th Street and Washington Avenue.
Where is this retail space located?
The property is located at 601-615 5th Street Miami Beach, FL.
What are key features of this property?
This property features: 14,436‑square‑foot retail center on a 0.64‑acre corner parcel; Four 5th Street suites: 1,371 SF, 2,599 SF, 2,068 SF and 2,059 SF; Fifth Street suites may be combined for up to 8,097 SF
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