635 Lincoln Rd Miami Beach, FL 33139-2915
This exceptional retail property, located at 635-639 Lincoln Road in the heart of Miami Beach's vibrant Lincoln Road submarket, presents a unique investment opportunity. The building, constructed in 1935, boasts a total of 5,332 square feet, with 1,889 square feet currently vacant, offering immediate potential for expansion or new tenancy. Situated on a 0.13-acre lot, this multi-tenant storefront enjoys a prime location within Miami-Dade County, benefiting from high foot traffic and visibility. The property's existing tenants include established businesses, creating a strong foundation for future success. The building's classic architecture complements the area's distinctive character, providing a desirable setting for a variety of retail ventures. This is an exceptional chance to acquire a well-positioned retail space in one of Miami Beach's most sought-after commercial corridors. The property's strategic location and existing infrastructure provide a solid base for immediate occupancy and long-term growth. The substantial vacant space allows for customization and adaptation to suit a diverse range of retail concepts. This is a rare opportunity to establish a presence on the iconic Lincoln Road, a destination known for its upscale shopping, dining, and entertainment. The property's historical context and prime location combine to create a truly unique and valuable asset. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6600:COMMERCIAL,LIBERAL · Miami Beach, FLMiami Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.