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Ground-Floor Retail Space
For Lease
$3,563/Mo CAM $1,625 /USD/MO

901 Pennsylvania Avenue #CU2, Miami Beach, FL 33139

Office or boutique retail configuration with dual entry points and window signage opportunity.

Space Size1,000 SF
Days on Market84

Property Features for 901 Pennsylvania Avenue #CU2

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF
Property subtype Commercial
Zoning RO
Lease Type NNN

Space & Availability

Available Space 1,000 SF
Contiguous Space 1,000 SF
Floor Ground
Space Use Office
Condition Turnkey
Sublease No

Lease Terms

Lease Rate $3,563 /USD/MO
Total Rate $5,188
Monthly Rent $3,563
Rent per SF/Year $42.76
CAM $1,625 /USD/MO

Amenities

2 entry points
window signage opportunity

Building Details

Year Built 1948
Stories 2
Tenancy Multi
Listing Agency: COMPASS FLORIDA, LLC
Listed By: JOSEPH BISCAHA · License #A12026140
Source: Corcoran
Added: Jun 9 Changed: Aug 30 Last Checked: Aug 30 at 2:40PM

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 COMPASS FLORIDA, LLC

Investment Insights

Based on property information with market context.

This 1,000-square-foot commercial unit occupies the ground floor of a two-story freestanding building. The space is currently configured for office or boutique retail use and includes two entry points, along with an opportunity for window signage. It was previously operated as a bicycle and scooter shop.

The property is positioned at Pennsylvania Avenue and 9th Street in South Beach, with visibility from Washington Avenue. The building contains 10 units, including 4 commercial units and 6 upstairs residential apartments, and connects to a city parking lot facing Washington. The property is zoned RO; specific business allowances should be confirmed with the City of Miami Beach.

Key Highlights

  • 1,000 sqft ground‑floor commercial unit
  • 2 entry points provide access to the unit
  • Window signage opportunity

Property Analytics

Current Use

Retail space

Suggested Use

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

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$6.41 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,811
Businesses Nearby

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

Lease Benchmarks for Miami Beach, FL

$47.29 /SF/Yr
Avg Asking Price
$4.03–$85 /SF/Yr
Price Range
4,263 SF
Avg Space Size

This space is priced 10% below the average of $47.29 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Office or boutique retail configuration with dual entry points and window signage opportunity.
Where is this retail space located?
The property is located at 901 Pennsylvania Avenue #CU2 Miami Beach, FL.
What is the lease rate?
The lease rate is $5,188/Mo.
What are key features of this property?
This property features: 1,000 sqft ground‑floor commercial unit; 2 entry points provide access to the unit; Window signage opportunity
More about this property
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