Property summary
This ±8,602 square foot mixed-use retail/office building presents an exceptional redevelopment opportunity on Miami Beach's prestigious Lincoln Road. Boasting 40 feet of frontage on this world-class retail corridor, the property sits on approximately 0.10 acres and benefits from favorable CD-3 zoning with a 2.75 Floor Area Ratio (FAR), allowing for significant expansion and repositioning. Its prime South Beach location, just one block from the beach, places it amidst a vibrant mix of hotels, retail establishments, and entertainment venues, ensuring high foot traffic and strong demand. The surrounding area demonstrates robust demographics, with a 5-mile radius encompassing a median home value of $455,000, an average household income of $95,718, and approximately 236,878 residents. This presents investors with an unparalleled chance to capitalize on immediate value-add potential through repositioning and long-term lease-up at market rates. The property's location between Collins and Washington Avenues guarantees irreplaceable Lincoln Road frontage, making it a truly trophy asset in a dynamic and high-demand market. This is a rare chance to acquire a landmark property in one of the most sought-after locations in the country.
Property profile
VerifiedCap rate & NOI
Location
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
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
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
6600:COMMERCIAL,LIBERAL · 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 6600:COMMERCIAL,LIBERAL 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.