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Retail Shell with Outdoor Terrace
New
For Lease
$135 SF/Yr

690 SW 1st Ave #CU-2, Miami, FL 33130

Restaurant infrastructure and an outdoor food-and-beverage terrace accompany this commercial space.

Space Size7,550 SF
Days on Market4

Property Features for 690 SW 1st Ave #CU-2

General Information

Standard status Active
Size 7,550 SF
Net Rentable 7,550 SF
Property subtype Commercial

Space & Availability

Available Space 7,550 SF
Contiguous Space 7,550 SF
Available From 2027

Site & Location

Neighborhood Parkwest
Utilities to Site Yes

Restaurant

Grease Trap Yes
Patio Yes

Amenities

Outdoor FB terrace
Grease trap
Gas
Electrical chiller-water provisions
Future kitchen ventilation capability
Commercial signage rights
Valet access for up to 8 vehicles simultaneously
Convenient access to Metrorail, Metromover and The Underline
Valet
Listing Agency: FORTUNE CHRISTIE'S INTERNATIONAL REAL ESTATE
Listed By: FRANCISCO PAEZ · License #A12103519
Source: Corcoran
Added: Oct 29 Changed: Oct 30 Last Checked: Nov 1 at 5:37AM

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 FORTUNE CHRISTIE'S INTERNATIONAL REAL ESTATE

Rey
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Investment Insights

Based on property information with market context.

The 7,550-square-foot commercial space is offered as a shell at The Standard Residences in Brickell. Existing provisions include a grease trap, gas, and electrical and chiller-water connections. Future kitchen ventilation capability is noted, along with commercial signage rights and an outdoor food-and-beverage terrace. Valet access can accommodate up to 8 vehicles at one time.

The property is in Brickell’s riverfront district, with access to Metrorail, Metromover, and The Underline. The development’s estimated completion is Summer 2027, subject to construction and developer delivery. Infrastructure, dimensions, uses, and operating rights remain subject to verification and applicable approvals.

Key Highlights

  • 7,550 SF commercial shell space at The Standard Residences
  • Outdoor food‑and‑beverage terrace
  • Grease trap and gas provisions

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

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

$39.84 /SF/Yr
Avg Asking Price
$1.16–$129 /SF/Yr
Price Range
7,139 SF
Avg Space Size

This space is priced 239% above the average of $39.84 /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

Frequently Asked Questions

What type of property is this?
Retail space - Restaurant infrastructure and an outdoor food-and-beverage terrace accompany this commercial space.
Where is this retail space located?
The property is located at 690 SW 1st Ave #CU-2 Miami, FL.
What is the lease rate?
The lease rate is $135 SF/Yr.
What are key features of this property?
This property features: 7,550 SF commercial shell space at The Standard Residences; Outdoor food‑and‑beverage terrace; Grease trap and gas provisions
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