Bayfront Retail/Restaurant
801 Brickell Bay Dr 4c042 Miami, FL 33131
New
For Sale
$2,200,000
Commercial condo offers direct waterfront frontage along the Brickell Bay Boardwalk.
Property Size5,411 SF
Price / SF$406.58
Days on Market3
Property Features for 801 Brickell Bay Dr 4c042
General Information
- Standard status
- Active
- Size
- 5,411 SF
Building Details
- Year Built
- 1968
Listing Agency:
APEX Capital Realty LLC
(305) 570-2600
Listed By:
Miguel Pinto · License #A12015724
Source:
Mymiahomes
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 25 at 5:55PM
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 APEX Capital Realty LLC
Investment Insights
Based on property information with market context.
A 5,411 SF commercial condo (Unit 4C042) with direct frontage along the historic Four Ambassadors waterfront concourse on the Brickell Bay Boardwalk. The space is positioned for retail, restaurant, or office use and includes an approved liquor license reservation for full liquor service. Build-out readiness is supported by a grease trap ready to install and utilities stubbed for efficient completion.
The unit features approximately 45 feet of waterfront frontage with bay views. Private on-site parking is included on the property, and the waterfront setting supports possible outdoor dining and open-air events. The seller also notes potential for dock access, depending on final approvals and build-out.
With its bayfront orientation and prepared interior systems, this condo can be tailored to a variety of waterfront concepts within the existing Brickell Bay Boardwalk environment.
The unit features approximately 45 feet of waterfront frontage with bay views. Private on-site parking is included on the property, and the waterfront setting supports possible outdoor dining and open-air events. The seller also notes potential for dock access, depending on final approvals and build-out.
With its bayfront orientation and prepared interior systems, this condo can be tailored to a variety of waterfront concepts within the existing Brickell Bay Boardwalk environment.
Key Highlights
- 5,411 SF commercial condo (Unit 4C042) with direct frontage along the Brickell Bay Boardwalk
- ~45 feet of waterfront frontage with sweeping bay views
- Approved liquor license reservation for full liquor service
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $281.2k | $51.96 |
| − Vacancy | −$29.0k | −$5.35 |
| EGI | $252.2k | $46.61 |
| − OpEx | −$75.7k | −$13.98 |
| NOI | $176.5k | $32.63 |
5,411 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$3.65M
$3.20M – $4.26M
NOI $255,672 @ 7.0% cap · market cap 11.62%
Second Best
Retail
$2.52M
$2.21M – $2.94M
NOI $176,538 @ 7.0% cap · market cap 8.02%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
South Beach Party ...
Nightclub
IT-Solutions
Tech Support Center
BoatPass
Boat Club
Elegasea
(Bike/Boat/Book/etc) Store
Chengdu Chengdu
Restaurant
Similar Off Market Nearby
- Cafe 701 — 701 Brickell Ave, Miami, FL 33131
- Ar Ar Ar — Miami, FL 33130
- sanvillabuffet — 255 E Flagler St #79, Miami, FL 33131
- Manila Kantina Buffet — 245 E Flagler St, Miami, FL 33131
FAQs
What type of property is this?
Conventional restaurant - Commercial condo offers direct waterfront frontage along the Brickell Bay Boardwalk.
Where is this conventional restaurant located?
The property is located at 801 Brickell Bay Dr 4c042 Miami, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 5,411 SF commercial condo (Unit 4C042) with direct frontage along the Brickell Bay Boardwalk; ~45 feet of waterfront frontage with sweeping bay views; Approved liquor license reservation for full liquor service
