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Renovated Office Units
New
For Lease
$55 SF/Yr

605 Lincoln Rd #500, Miami Beach, FL 33139

Flexible office workspace with private offices, executive suites, and a secure elevator opening into a dedicated reception area.

Space Size9,800 SF
Days on Market4

Property Features for 605 Lincoln Rd #500

General Information

Standard status Active
Size 9,800 SF
Net Rentable 9,800 SF
Elevators Yes
Property subtype Commercial

Space & Availability

Available Space 9,800 SF
Contiguous Space 9,800 SF
Divisible Yes
Floor 5
Space Use Office
Condition Turnkey
Private Offices 18
Meeting Rooms 1

Building Details

Year Built 1932
Year Renovated 2025
Listing Agency: COMPASS FLORIDA, LLC
Listed By: MENACHEM FELLIG · License #A12070209
Source: Corcoran
Added: Sep 8 Changed: Sep 10 Last Checked: Sep 10 at 2:57PM

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 COMPASS FLORIDA, LLC

Investment Insights

Based on property information with market context.

The fifth-floor office condominium at 605 Lincoln Road encompasses approximately 9,800 SF and was renovated in 2025. Improvements include porcelain flooring, refreshed bathrooms, a modern kitchen, custom millwork, updated lighting, and other interior upgrades. The plan includes 18 private offices, two executive suites, and a conference room. A secure elevator provides direct entry to the private reception area, while abundant natural light extends throughout the floor. The single-tenant configuration can also be adapted for multi-tenant occupancy.

The building is positioned on Lincoln Road in Miami Beach, within a shopping, dining, and entertainment district. The property is steps from an approved convention center hotel site under construction for an approximately 800 room hotel. Parking is available through the City of Miami Beach in the adjacent public parking garage. The building was constructed in 1932.

Key Highlights

  • Approximately 9,800 SF fifth‑floor office condominium
  • Renovated in 2025 with new flooring, bathrooms, kitchen, millwork, and lighting
  • 18 private offices, including two executive suites, plus a conference room

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Veterinary Clinic Pet Grooming Service Plumbing Service Nursing Home

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
$8.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,652
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Miami Beach, FL

$55.55 /SF/Yr
Avg Asking Price
$45–$110 /SF/Yr
Price Range
11,033 SF
Avg Space Size

This space is priced 1% below the average of $55.55 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office workspace with private offices, executive suites, and a secure elevator opening into a dedicated reception area.
Where is this office units located?
The property is located at 605 Lincoln Rd #500 Miami Beach, FL.
What is the lease rate?
The lease rate is $55 SF/Yr.
What are key features of this property?
This property features: Approximately 9,800 SF fifth‑floor office condominium; Renovated in 2025 with new flooring, bathrooms, kitchen, millwork, and lighting; 18 private offices, including two executive suites, plus a conference room
More about this property
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