For Sale
1 / 13
Property summary
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 profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
7000:INDUSTRIAL,GENERAL · Miami Beach, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 7000:INDUSTRIAL,GENERAL in Miami Beach, FL.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.