1743 Bay Rd Miami Beach, FL 33139
- Outlet malls
- 3,740 SF
- 0.13 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 1743 Bay Rd
- Year built
- 1937
- Construction
- CONCRETE
- Lot size
- 0.13 lot acres
- Property size
- 3,740 SF
- Zone code
- 7000:INDUSTRIAL,GENERAL
- Property type
- Outlet malls
- APN
- 02-3233-012-0670
- APU
- 232330120670
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1434
- Latitude
- 25.7929
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA