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Miami Beach Commercial Property For Sale
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1100 15th St, Miami Beach, FL 33139

Prime commercial property anchored by Via Emilia 9 Italian Restaurant.

Property Size6,650 SF
Price / SF$962.41
Days on Market958

Property Features for 1100 15th St

General Information

Standard status Active
Size 6,650 SF
Property subtype Retail
Zoning CD-1

Building Details

Year Built 1945
Listing Agency: Marcus & Millichap
Listed By: Scott Sandelin · License #FL SL636794
Source: Crexi
Added: Jan 16, 2024 Changed: Aug 31 Last Checked: Aug 31 at 1:37PM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

Located at 1100 15th Street in Miami Beach, this commercial property is anchored by the award-winning Via Emilia 9 Italian Restaurant. The property also houses five other tenants, including two additional food and beverage operators and two neighborhood retail tenants. The tenant mix serves both local residents and tourists due to its proximity to Lincoln Road Mall. The NNN leases are landlord-friendly and include annual rent increases of 3-5%. Only one tenant has a renewal option, presenting a near-term value creation opportunity for the landlord. The property is suitable for conventional restaurants, retail spaces, and specialty properties.

Key Highlights

  • Anchored by award‑winning Via Emilia 9 Italian Restaurant.
  • Prime commercial property location in Miami Beach.
  • NNN leases with 3‑5% annual rent increases.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Restaurant Nursing Home Adult Day Care Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8,611
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Prime commercial property anchored by Via Emilia 9 Italian Restaurant.
Where is this conventional restaurant located?
The property is located at 1100 15th St Miami Beach, FL.
What is the asking price?
The asking price for this property is $6,400,000.
What are key features of this property?
This property features: Anchored by award‑winning Via Emilia 9 Italian Restaurant.; Prime commercial property location in Miami Beach.; NNN leases with 3‑5% annual rent increases.
(786) 522-7009 Call to check price and availability
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