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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1446 Ocean Dr Miami Beach, FL 33139

890 SF Built 1960
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 1960
Total area 890 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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