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
Photos
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. 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 Price per SF
$153.63/SF – $1,117/SF
Mid: $465.54/SF
Estimated price for 34,000 SF: $15,828,360 (range $5,223,420 – $37,988,200)
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Agustin Duarte — RE/MAX Commercial · +13054505992 · aduarte1@remax.net
- Agustin Duarte · aduarte1@remax.net
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