Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1446 Ocean Dr Miami Beach, FL 33139

    Sponsored
    For Sale
    $1,999,000

    Miami Beach retail, high foot traffic

    Property size:
    890 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This prime Miami Beach retail property, located at 1446 Ocean Dr, offers 800 square feet of net rentable space in a vibrant location. Situated at a busy intersection with high pedestrian traffic, this property benefits from its proximity to well-known establishments such as the Front Porch Cafe and The Betsy Hotel, and across from Ill Villaggio Towers with anchor tenants like Starbucks and Haagen Dazs. The space boasts retail window and frontage directly on Ocean Drive, capitalizing on the significant foot traffic of the beach walk, 15th Street, and the newly developed pedestrian "Alley Way." Previously configured as a salon, combining two units (totaling 890 square feet), this versatile space presents a perfect opportunity for a variety of retail uses. The property was built in 1960 and is currently offered for sale at $1,999,000. A lease option is also available at $18,000 per month, with a minimum three-year term and two consecutive five-year renewal options. This is a rare opportunity to own or lease a highly visible retail space in a prime Miami Beach location. A virtual walkthrough is available.

    Property Features for 1446 Ocean Dr

    General Information

    Property type
    Retail properties
    Square Feet
    890 SF

    Building Details

    Year Built
    1960
    Units
    2

    HighLights

    • $1,999,000 asking price.
    • 800 square feet of net rentable space in an 890 square foot building.
    • Two retail units available.
    • Built in 1960.
    • For sale by owner; also available for lease at $18,000/month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1298237
    Latitude
    25.7868928

    Nearby Similar for Sale

    • $550,000
      720 SF

      Carillon Miami Wellness Resort Suite

      One-bedroom hotel suite with two balconies in Miami Beach.
      6801 Collins Ave, Miami Beach, FL 33141
      View Details
    • $110,000

      Grocery Store Business Opportunity

      Remodeled grocery store in high-traffic Miami Beach location.
      North Bay Village, Miami Beach, FL 33141
      View Details
    • $50,000,000

      Historic South Beach Hotel

      Historic 54-room hotel with restaurant near Ocean Drive.
      600 Ocean Dr, Miami Beach, FL 33139
      View Details
    • $1,595,000
      3,707 SF

      Miami Beach Fourplex Investment Opportunity

      Fourplex in prime Miami Beach location, close to the beach.
      7320 Carlyle Ave, Miami Beach, FL 33141
      View Details
    • $16,900,000

      Renovated Hotel in South Beach

      Fully renovated 25-suite hotel with cafe in Miami Beach.
      205 Collins Ave, Miami Beach, FL 33139
      View Details
    • $5,500,000

      Renovated Multifamily Building Near Flamingo Park

      Luxury 12-unit building in South Beach, near beach and dining.
      960 Jefferson Ave, Miami Beach, FL 33139
      View Details
    • $7,770,000

      Miami Beach Luxury Apartments

      20-unit renovated apartment building, one block from the beach.
      8035 Abbott Ave, Miami Beach, FL 33141
      View Details
    • $2,500,000
      Pending

      Licensed Hotel/STR Multi-Family Building

      Rare, fully licensed hotel/short term rental in South Beach.
      1534 Euclid Ave, Miami Beach, FL 33139
      View Details
    • $2,500,000
      Pending

      Licensed Hotel/STR Multifamily Building

      Rare, licensed South Beach hotel/short-term rental multifamily property for sale.
      1534 Euclid Ave, Miami Beach, FL 33139
      View Details
    • $2,650,000
      5,764 SF

      Miami Beach Fourplex Investment Opportunity

      Rare opportunity: Two contiguous lots with turnkey 4-plexes near the bay.
      1910 Biarritz Dr, Miami Beach, FL 33141
      View Details
    • $2,750,000

      Penthouse Office Condo with Views

      Top-floor Miami Beach office with water and golf course views.
      1680 Michigan Ave, Miami Beach, FL 33139
      View Details
    • $16,000,000
      0.30 Acres

      Miami Beach Development Opportunity

      Rare development opportunity in Miami Beach's coveted South of Fifth neighborhood.
      249 Collins Ave, Miami Beach, FL 33139
      View Details

    FAQs

    What type of property is this?
    Retail property - Miami Beach retail, high foot traffic
    Where is this retail property located?
    The property is located at 1446 Ocean Dr Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: $1,999,000 asking price.; 800 square feet of net rentable space in an 890 square foot building.; Two retail units available.
    Request Owner's contact information
    1446 Ocean Dr Miami Beach, FL 33139
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1446 Ocean Dr
    Miami Beach, FL 33139
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1446 Ocean Dr Miami Beach, FL 33139
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.