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    1040 Biscayne Blvd Miami, FL 33132

    Sponsored
    For Lease
    $30 SF/Yr

    Prime Biscayne Blvd location, flexible suites.

    Lot size:
    7,738 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Downtown Miami property offers 3,795 to 7,738 square feet of creative office space for lease. Located at 1040 Biscayne Boulevard, this 2007-built building boasts two suites available in a prime corner location, directly adjacent to Biscayne Boulevard, a thoroughfare with over 75,000 daily commuters. The space features abundant natural light and a unique two-story design, including an outdoor patio, presenting a significant branding opportunity. Its location within the Arts & Entertainment District provides unparalleled access to a vibrant cultural scene, including proximity to the Perez Art Museum, Phillip and Patricia Frost Museum of Science, Kaseya Center, Bayfront Park, and the Adrienne Arsht Center. Furthermore, its adjacency to the MacArthur Causeway/I-395, a major artery with over 157,000 daily commuters, ensures exceptional visibility and accessibility. The property is also ideally situated to serve the numerous residential units in the immediate vicinity and surrounding buildings. This versatile space is suitable for various uses, including office, retail, and restaurant concepts, offering a unique opportunity to thrive in the heart of Downtown Miami's dynamic environment. The total building comprises two suites, with a maximum contiguous space of 7,738 square feet. All information should be independently verified.

    Property Features for 1040 Biscayne Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,738 SF

    Building Details

    Year Built
    2007

    Unit(s) available at that property

    Space
    Second Level Retail
    Size
    3,795 SF
    Rate per SF
    $30
    Space
    Ground Floor Retail
    Size
    3,943 SF
    Rate per SF
    $90

    HighLights

    • High visibility location on Biscayne Blvd & MacArthur Causeway, boasting daily traffic counts exceeding 232,000 vehicles.
    • Excellent building signage opportunity with high visibility from a distance.
    • Strong potential to serve residents in hundreds of nearby residential units.
    • Prime location near major attractions including the Perez Art Museum, Frost Science Museum, Kaseya Center, and Bayfront Park.
    • Convenient access to Miami Design District, Wynwood, Midtown, and Brickell.
    Property Profile Location Intelligence

    Current Use by Public Records

    NuLife Institute - Aventura Medical Center New Wave Medical Medical Center NuLife Institute Medical Spa Luis O. Dominguez, ... Doctor Capponi Group Corp Corporate Campus

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Food Market Clothing Store Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.190427
    Latitude
    25.7845605

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    FAQs

    What type of property is this?
    Restaurant - Prime Biscayne Blvd location, flexible suites.
    Where is this restaurant located?
    The property is located at 1040 Biscayne Blvd Miami, FL.
    What is the lease rate?
    The lease rate is $30-$90 SF/Yr.
    What are key features of this property?
    This property features: High visibility location on Biscayne Blvd & MacArthur Causeway, boasting daily traffic counts exceeding 232,000 vehicles.; Excellent building signage opportunity with high visibility from a distance.; Strong potential to serve residents in hundreds of nearby residential units.
    Request Owner's contact information
    1040 Biscayne Blvd Miami, FL 33132
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1040 Biscayne Blvd Miami, FL 33132
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