Listing Agency: CBRE | Miami m***@cbre.com Show Phone

Listed By: Michael Betancourt · License #3237101 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 22 Last Checked: Aug 23 at 12:07PM

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Investment Insights

Based on property information with market context.

Located in North Miami, this mixed-use, seven-story building offers retail and office spaces for lease. The building has a total area of 375,000 square feet and includes 175 modern units exclusively for the 55+ community. The property features 8,975 square feet of retail space and 11,350 square feet of office area. The spaces provide flexibility with subdivision options.

Key Highlights

• Premier retail and office spaces for lease.
• Located in North Miami Beach.
• Part of a mixed‑use, seven‑story building.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Cafe & Coffee Shop Locksmith Butcher Florist Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

2,165

Businesses Nearby

Explore this area Business Placement

Demographics for 33161, FL

53,015

Population

18,912

Households

2.8

Avg Household Size

37

Median Age

21%

College-Educated

81%

High-School Grad

5.5 sq mi

ZIP Area

9,639

Density / Sq Mi

$55,265

Median Household Income

$34,311

Median Earnings

$1,494

Median Rent

$376,500

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail and office spaces for lease in North Miami.

Where is this retail space located?

The property is located at 950 Northeast 124th Street North Miami, FL.

What are key features of this property?

This property features: Premier retail and office spaces for lease.; Located in North Miami Beach.; Part of a mixed‑use, seven‑story building.