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    5700 Biscayne Blvd Miami, FL 33137

    Sponsored
    For Lease
    $55 SF/Yr

    Prime MiMo District Retail Opportunity

    Lot size:
    9,419 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail and restaurant space, totaling 9,419 square feet, is located at 5700 Biscayne Boulevard in Miami's vibrant MiMo District. Three spaces are available, ranging from 971 to 6,200 square feet, offering flexibility for various concepts. One notable 2,248 square foot space includes a covered outdoor terrace, perfect for a restaurant. The property benefits from its location within The Boulevard, a 284-unit residential building with established restaurants and retail, ensuring a built-in customer base. High visibility is guaranteed due to its prime Biscayne Boulevard location, experiencing approximately 75,000+ daily traffic counts. Excellent access to major expressways, I-195 and I-95, provides easy connectivity throughout Miami. The property's proximity to the Miami Design District, Wynwood, Midtown, Magic City Innovation District, and Miami Beach further enhances its appeal and potential. The zoning is T6-8-O, suitable for a variety of uses including art galleries, boutiques, and creative businesses. All square footages are approximate and should be independently verified.

    Property Features for 5700 Biscayne Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,419 SF
    Total Rate
    43170.42

    Unit(s) available at that property

    Space
    Retail 2
    Size
    6,200 SF
    Rate per SF
    $55
    Space
    Retail 3
    Size
    971 SF
    Rate per SF
    $60
    Space
    Retail 1
    Size
    2,248 SF
    Rate per SF
    $55

    HighLights

    • Prime retail/restaurant space for lease in Miami's MiMo District.
    • Located within The Boulevard, a 284‑unit residential building with existing restaurants and retail.
    • Ideal for art galleries, boutiques, restaurants, and creative businesses; three spaces available, ranging from 971 to 6,200 square feet.
    • One 2,248 SF space features a covered outdoor terrace.
    • High visibility on Biscayne Boulevard (75,000+ daily traffic count), with easy access to I‑195 and I‑95.
    • Minutes from the Miami Design District, Wynwood, Midtown, Magic City Innovation District, and Miami Beach.
    Property Profile Location Intelligence

    Current Use by Public Records

    EKO YOL Corporate Office Mid-City Heights Software Company Sushi Sake MiMo Sushi Restaurant The Boulevard Apartment Complex

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.186418
    Latitude
    25.8285444

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    FAQs

    What type of property is this?
    Restaurant - Prime MiMo District Retail Opportunity
    Where is this restaurant located?
    The property is located at 5700 Biscayne Blvd Miami, FL.
    What is the lease rate?
    The lease rate is $55-$60 SF/Yr.
    What are key features of this property?
    This property features: Prime retail/restaurant space for lease in Miami's MiMo District.; Located within The Boulevard, a 284-unit residential building with existing restaurants and retail.; Ideal for art galleries, boutiques, restaurants, and creative businesses; three spaces available, ranging from 971 to 6,200 square feet.
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    5700 Biscayne Blvd Miami, FL 33137
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    Miami, FL 33137
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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
    5700 Biscayne Blvd Miami, FL 33137
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