Lobby Grocery & Deli Retail
825 Brickell Bay Dr 3cl32 Miami, FL 33131
For Sale
$975,000
Retail space located in the lobby of Four Ambassadors, currently occupied by a deli operator with an active lease.
Property Size1,670 SF
Price / SF$583.83
Days on Market8
Property Features for 825 Brickell Bay Dr 3cl32
General Information
Standard status
Active
Size
1,670 SF
Building Details
Year Built
1968
Listing Agency:
Brickell Investment Realty
(786) 286-3262
Listed By:
Daniel Burdak · License #0324756
Source:
Mymiahomes
Added: Jul 20
Changed: Jul 21
Last Checked: Jul 21 at 7:49AM
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 Brickell Investment Realty
Investment Insights
Based on property information with market context.
This for-sale retail space is located in the lobby of the Four Ambassadors. The offering is for the real estate only, with the existing tenant in place under a 4 1/2 year lease term described in the remarks. The current operator operates a market and deli concept, and operates a beer and wine license, with hours listed from 7:00 a.m. until midnight.
The property is addressed at 825 Brickell Bay Dr, Miami, FL 33131, and is positioned as an in-building lobby retail opportunity.
For buyers evaluating income-producing retail exposure tied to an existing tenant, this asset provides a lobby-based storefront configuration with the lease and operating details currently referenced by the seller.
The property is addressed at 825 Brickell Bay Dr, Miami, FL 33131, and is positioned as an in-building lobby retail opportunity.
For buyers evaluating income-producing retail exposure tied to an existing tenant, this asset provides a lobby-based storefront configuration with the lease and operating details currently referenced by the seller.
Key Highlights
- Retail space located in the lobby of Four Ambassadors
- Year built: 1968
- Currently occupied by a deli operator with an active lease
Financial Insights For Specialty 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 | $106.8k | $63.96 |
| − Vacancy | −$1.6k | −$0.96 |
| EGI | $105.2k | $63.00 |
| − OpEx | −$26.3k | −$15.75 |
| NOI | $78.9k | $47.25 |
1,670 SF · lease $63.96/SF/yr · vacancy 1.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.13M
$986.4K – $1.32M
NOI $78,908 @ 7.0% cap · market cap 8.09%
Second Best
Retail
$778.4K
$681.1K – $908.1K
NOI $54,485 @ 7.0% cap · market cap 5.59%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Taikun Omakase — 1435 Brickell Ave, Miami, FL 33131
- Restaurant at Dua — 1300 S Miami Ave, Miami, FL 33130
- La latinoamericana — griffin, ave, miami, fl 33131
- UVA Restaurant & Lounge Bar — 1500 SW 1st Ave, Miami, FL 33129
- Farm Stores Brickell — 1800 SW 3rd Ave, Miami, FL 33129
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Retail space located in the lobby of Four Ambassadors, currently occupied by a deli operator with an active lease.
Where is this grocery and convenience store located?
The property is located at 825 Brickell Bay Dr 3cl32 Miami, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Retail space located in the lobby of Four Ambassadors; Year built: 1968; Currently occupied by a deli operator with an active lease
