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

    1743 Bay Rd Miami Beach, FL 33139

    For Sale
    $5,950,000

    Sunset Harbor gem: 3,740 SF retail space.

    Property size:
    3,740 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail property, located at 1743 Bay Road in Miami Beach's coveted Sunset Harbor neighborhood, presents a unique investment opportunity. The single-story, freestanding building boasts 3,740 square feet of space on a 0.13-acre lot (5,665 square feet). Constructed in 1937, the property is zoned I-1 and offers high visibility and significant foot traffic. Its prime location within Sunset Harbor places it amidst a vibrant mix of upscale restaurants, boutique shops, and luxury condominiums, ensuring a consistent flow of both local and tourist clientele. The property's strategic positioning benefits from its proximity to other successful retail, dining, and residential developments, including the newly constructed 18Sunset building directly across the street, which features Class A+ office space, ground floor retail, and luxury residential units. This presents a compelling opportunity to capitalize on the area's thriving commercial landscape and strong demand. The asking price for this exceptional property is $5,950,000. The property's single-tenancy structure offers flexibility and control, making it an ideal investment for discerning buyers seeking a foothold in one of Miami Beach's most dynamic and desirable neighborhoods. The property's location and characteristics make it an attractive investment for a variety of retail uses. The Miami-Dade County property's APN is 02-3233-012-0670 and the zip code is 33139.

    Property Features for 1743 Bay Rd

    General Information

    Property type
    Retail properties
    Square Feet
    3,740 SF
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1937
    Stories
    1

    HighLights

    • $5,950,000 asking price for a 3,740 SF retail property.
    • Single‑tenant occupancy.
    • Located at 1743 Bay Rd, Miami Beach, FL 33139 (APN: 02‑3233‑012‑0670).
    • One‑story building (1937 construction) on a 0.13‑acre lot.
    • I‑1 zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Food Market Clothing Store Grocery Store

    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
    -80.1433599
    Latitude
    25.7928236

    Nearby Similar for Sale

    • $110,000

      Grocery Store Business Opportunity

      Remodeled grocery store in high-traffic Miami Beach location.
      North Bay Village, Miami Beach, FL 33141
      View Details
    • $1,630,000
      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
    • $299,000
      450 SF

      Furnished Condo Hotel in Miami Beach

      Furnished condo hotel near South Beach's attractions.
      1215 West Ave, Miami Beach, FL 33139
      View Details
    • $2,500,000
      3,990 SF

      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

      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

    FAQs

    What type of property is this?
    Retail property - Sunset Harbor gem: 3,740 SF retail space.
    Where is this retail property located?
    The property is located at 1743 Bay Rd Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $5,950,000.
    What are key features of this property?
    This property features: $5,950,000 asking price for a 3,740 SF retail property.; Single-tenant occupancy.; Located at 1743 Bay Rd, Miami Beach, FL 33139 (APN: 02-3233-012-0670).
    Request Owner's contact information
    1743 Bay Rd 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.
    1743 Bay Rd
    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
    1743 Bay Rd 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.