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Restaurant Shell Space with Terrace

690 SW 1st Ave # 2 #CU-2, Miami, FL 33130

For Lease
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Restaurant infrastructure provisions include a grease trap, gas, electrical service, and chiller-water connections.

Space Size7,550 SF
Days on Market12

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

General Information

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

Space & Availability

Available Space 7,550 SF
Contiguous Space 7,550 SF
Available From 2027-Q3

Restaurant

Grease Trap Yes
Patio Yes

Additional Details

Utilities to Site Yes

Amenities

Commercial signage rights
Valet access

Spaces For Lease

at 690 SW 1st Ave # 2 #CU-2
CU-2 Active
Size 7,550 SF
Contact us
Listing Agency: Fortune Christie's International Real Estate
Listed By: Francisco Paez · License #3313511
Source: Crexi
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 8 at 6:07PM

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 restaurant shell at The Standard Residences offers 7,550 SF of commercial space and an outdoor food-and-beverage terrace. Existing provisions include a grease trap, gas, electrical service, and chiller-water connections; future kitchen ventilation is contemplated. Commercial signage rights and valet service for up to eight vehicles at a time are also specified. Infrastructure, uses, and operating rights remain subject to verification and applicable approvals.

At 690 SW 1st Ave in Miami’s Brickell riverfront district, the property is described as surrounded by office towers, restaurants, nightlife, and luxury residences. Metrorail, Metromover, and The Underline are identified as convenient transportation connections. Project completion is estimated for summer 2027, subject to construction and developer delivery.

Key Highlights

  • 7,550 SF of restaurant shell space at The Standard Residences
  • Outdoor food‑and‑beverage terrace
  • Grease trap, gas, electrical, and chiller‑water provisions

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Daycare Center Furniture & Home Goods Dental Office Kitchen & Bath Showroom Butcher Plumbing 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

Yes
Utilities to site
Yes
Grease trap
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,138
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

Market

Lease Benchmarks for Miami, FL

$63.99 /SF/Yr
Avg Asking Price
$3.73–$135 /SF/Yr
Price Range
6,573 SF
Avg Space Size

Average Price Trend$/SF/Yr for Conventional restaurants in Miami, FL

$58.28 Jul
$57.31 Aug
$53.15 Sep
$60.61 Oct

Properties on Market for Conventional restaurants in Miami

Jul
Aug
Sep
Oct

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?
Conventional restaurant - Restaurant infrastructure provisions include a grease trap, gas, electrical service, and chiller-water connections.
Where is this conventional restaurant located?
The property is located at 690 SW 1st Ave # 2 #CU-2 Miami, FL.
What are key features of this property?
This property features: 7,550 SF of restaurant shell space at The Standard Residences; Outdoor food‑and‑beverage terrace; Grease trap, gas, electrical, and chiller‑water provisions
(786) 731-8510 · Office Call to check price and availability
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