MELROSE REDEVELOPMENT | COVERED LANT PLAY +-$200K… — Sale in Miami, FL

  • Price: $4.8M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Miami, FL 33142
  • Size: 34,000 SF
  • Year built: 2010

Investment Figures

Price per square foot
$140

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

MELROSE REDEVELOPMENT (3) (1)

Market Context

This retail in Miami, FL is listed for sale at $4,750,000 across 34,000 SF. The building dates to 2010. It has been on the market for 73 days. Compare it against other retail listings for sale in Miami, FL — view the full market.

As of Q4 2025, the Miami retail market showed a 3.1% vacancy rate, and rents up 1.4% year over year. Source: multiple brokerage reports, Q4 2025.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Miami retail market tightening or softening?
Vacancy is around 3.1%, with asking rents rising year over year (Q4 2025).

Estimated Market Rate

$393.47/SF – $532.34/SF

Mid: $462.90/SF

Estimated total for 34,000 SF: $15,738,600 per year

Rate estimator only; cost-of-business estimate unavailable.

Contact

Explore this market

Similar Retail Business for Sale in Miami, FL