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    340 42 St Miami Beach, FL 33140

    For Lease
    Contact for pricing

    Four Suites Available, 993-2090 SF

    Lot size:
    6,571 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    42 Pine, located at 340 W 42nd Street in Miami Beach, Florida (zip code 33140), presents a unique opportunity for retail businesses seeking a presence in a highly desirable area of Miami-Dade County. This retail property encompasses a total of 6,571 square feet, divided into four individual suites. Each suite offers flexibility, with a minimum divisible space of 993 square feet and a maximum contiguous space of 2,090 square feet. Currently, the entire 6,571 square feet is available for lease. The building's central location within a walkable residential neighborhood makes it an ideal spot for businesses seeking high foot traffic and visibility. The property's address is 340 W 42nd Street, placing it within easy reach of local residents and tourists alike. This presents a rare chance to establish or expand a retail operation in a thriving Miami Beach community. The property's coordinates are latitude 25.81434 and longitude -80.126949. Serious inquiries are encouraged to explore this exceptional retail space.

    Property Features for 340 42 St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,571 SF

    Unit(s) available at that property

    Space
    Retail 111
    Size
    1,704 SF
    Space
    Retail 110
    Size
    993 SF
    Space
    Retail 123
    Size
    1,784 SF
    Space
    Restaurant 112
    Size
    2,090 SF

    HighLights

    • Prime retail space just north of Arthur Godfrey Rd, blocks from the Atlantic Ocean.
    • Ground‑floor retail, residential building, floor‑to‑ceiling glass storefronts.
    • High traffic, ample municipal parking nearby.
    • Corner restaurant space: ~2,090 SF.
    • Retail spaces available: ~993 - 1,784 SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness

    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
    -80.126949
    Latitude
    25.81434

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    FAQs

    What type of property is this?
    Retail property - Four Suites Available, 993-2090 SF
    Where is this retail property located?
    The property is located at 340 42 St Miami Beach, FL.
    What are key features of this property?
    This property features: Prime retail space just north of Arthur Godfrey Rd, blocks from the Atlantic Ocean.; Ground-floor retail, residential building, floor-to-ceiling glass storefronts.; High traffic, ample municipal parking nearby.
    Request Owner's contact information
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    Miami Beach, FL 33140
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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
    340 42 St Miami Beach, FL 33140
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