Property profile

1040 Biscayne Boulevard Way Miami, FL 33132

OFF-MARKET
Retail properties & Spaces
11,597 SF
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Property summary

AI-generated overview

This exceptional investment opportunity presents 11,597 square feet of prime retail space located at 1040 Biscayne Boulevard in Miami, Florida, zip code 33132. Situated within Ten Museum Park, a dynamic mixed-use building in the heart of Downtown Miami, this storefront offers unparalleled visibility and accessibility. The property boasts direct frontage on Biscayne Boulevard, a major thoroughfare with high daily traffic counts exceeding 75,000 vehicles. Its strategic location places it within easy reach of Miami's most vibrant neighborhoods, including the Design District, Wynwood, Midtown, Brickell, and Miami Beach. The asking price for this single-building retail portfolio is $7,000,000, translating to a price per square foot of $603.60. Across the street lies Museum Park, home to the Science Center of the Americas and the Miami Art Museum, creating a vibrant and culturally rich environment. This property is ideal for a discerning investor seeking a high-impact retail presence in one of Miami's most sought-after locations. Note that this offering excludes the residential units within the building. All information should be independently verified.

Property profile

Verified
Property type Retail properties & Spaces
Total area 11,597 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1040 Biscayne Boulevard Way Miami, FL 33132
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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