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Restaurant Shell With Terrace
New
For Lease
$135 SF/Yr

690 SW 1st Ave, Miami, FL 33130

Commercial Lease, Miami, FL

Space Size7,550 SF
Lot Size1.15 Acres
Days on Market1

Property Features for 690 SW 1st Ave

General Information

Property type Commercial Lease
Property subtype Other
Parking 8
Parking features Valet
Directions From Brickell Ave, head west toward SW 1st Ave. The Standard Residences is located along the Miami River at 690 SW 1st Ave, Miami, FL 33130.
Subdivision 41
Standard status Active
Lot size 1.15 Acres

Additional Details

Second-Generation Restaurant No

Amenities

Outdoor F&B terrace
Commercial signage rights
Valet access for up to 8 vehicles simultaneously
Listing Agency: Fortune Christie's International Real Estate
Listed By: Francisco Paez · License #3313511
Added: Oct 28 Last Checked: Oct 28 at 9:06PM
MLS# A12103519

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Restaurant shell space is planned within The Standard Residences in Brickell. The property includes an outdoor dining terrace, grease trap, gas, electrical and chiller-water provisions, and capacity for future kitchen ventilation. Commercial signage rights and valet service for up to 8 vehicles at a time are also noted.

The development is in Brickell’s riverfront district, amid office towers, restaurants, nightlife venues, and luxury residences. Metrorail, Metromover, and The Underline provide nearby transit connections. Project completion is estimated for Summer 2027, subject to construction and developer delivery; infrastructure, uses, dimensions, and operating rights remain subject to verification and approvals.

Key Highlights

  • Restaurant shell space at The Standard Residences in Brickell
  • Outdoor dining terrace and grease trap
  • Gas, electrical, and chiller‑water provisions; future kitchen ventilation capability

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

H2A Gym & Fitness Center Lance Mikkel Life ... Life Coach LUXE PARKING MANAGEMENT Parking Lot & Garage Neo Valet, Inc. Parking Lot & Garage Native Construction Group Construction Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Pet Grooming Service Nursing Home Buffet

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

Yes
Utilities to site
Yes
Grease trap
NNN (Triple Net)
Lease Type
$20.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8,468
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33130, FL

35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Miami, FL

$54.09 /SF/Yr
Avg Asking Price
$3.73–$98 /SF/Yr
Price Range
6,470 SF
Avg Space Size

This space is priced 150% above the average of $54.09 /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

Similar Off Market Nearby

  • Manila Kantina Buffet — 245 E Flagler St, Miami, FL 33131
  • sanvillabuffet — 255 E Flagler St #79, Miami, FL 33131

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The space includes provisions for gas, electrical service, and chiller water, plus capability for future kitchen ventilation.
Where is this conventional restaurant located?
The property is located at 690 SW 1st Ave Miami, FL.
What is the lease rate?
The lease rate is $135 SF/Yr.
What are key features of this property?
This property features: Restaurant shell space at The Standard Residences in Brickell; Outdoor dining terrace and grease trap; Gas, electrical, and chiller‑water provisions; future kitchen ventilation capability
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Includes: Price & PSF · Cap rate · Location · Zoning

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