Ocean Drive Retail Investment
For Sale
Contact for pricing
1446 Ocean Dr, Miami Beach, FL 33139
Prime retail space on Ocean Drive with high foot traffic.
Property Size890 SF
Price / SF$1,685
Days on Market658
Property Features for 1446 Ocean Dr
General Information
Standard status
Active
Size
890 SF
Property subtype
Retail, Hospitality, Office
Lease Type
NN
Building Details
Year Built
1960
Units
2
Listing Agency:
Brown Harris stevens
Listed By:
Robert Posner · License #3348726
(917) 838-2946
Source:
Crexi
Added: Nov 16, 2024
Changed: Aug 23
Last Checked: Sep 2 at 3:14PM
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 Brown Harris stevens
Investment Insights
Based on property information with market context.
This retail space is located on Ocean Drive, offering over 800 square feet of retail frontage. The property is situated at the intersection of beach walk, 15th Street, Ocean Drive, and the re-developed pedestrian "Alley Way." Its location between the Front Porch Cafe and The Betsy Hotel, and directly across from Il Villaggio with anchor tenants Starbucks and Haagen Daz, contributes to high foot traffic. A hair stylist has recently entered into a lease generating $10,000 per month with 3% annual escalations. The property size is 890 square feet.
Key Highlights
- Prime retail location directly on Ocean Drive with high foot traffic.
- Existing lease in place with a well‑known hair stylist generating $10,000/month with 3% annual escalations.
- Situated at the intersection of beach walk, 15th street, Ocean Drive & the newly re‑developed pedestrian "Alley Way".
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,611
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Prime retail space on Ocean Drive with high foot traffic.
Where is this retail space located?
The property is located at 1446 Ocean Dr Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime retail location directly on Ocean Drive with high foot traffic.; Existing lease in place with a well‑known hair stylist generating $10,000/month with 3% annual escalations.; Situated at the intersection of beach walk, 15th street, Ocean Drive & the newly re‑developed pedestrian "Alley Way".
