Prime Retail Investment Opportunity – Miami Beach |… — Sale in Miami Beach, FL

  • Price: $4.7M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Miami Beach, FL 33139
  • Size: 5,174 SF
  • Year built: 2016

Investment Figures

Price per square foot
$908
Price per unit
$1,566,667 across 3 units

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

Located in the heart of Miami Beach , this prime retail property offers a rare opportunity to acquire a high-visibility asset in one of South Florida’s most sought-after markets. Situated at 1215 West Avenue, the property benefits from strong local demographics, year-round tourism, and close proximity to world-renowned destinations, including Lincoln Road , the beach, luxury hotels, and vibrant dining and entertainment venues. The property features: • Space #1: 1,970 SF – Leased to established international brand Joe & the Juice , providing stable tenancy and strong brand presence. • Space #2 & #3: 2,238 & 967 – Available for lease, offering an exceptional opportunity for an owner-user or investor to secure a tenant in a high-demand retail corridor. Total Retail Space for Sale: 5,174 SF – combining the leased and available units, providing a flexible investment with immediate income and long-term appreciation potential. This asset offers strong pedestrian traffic, excellent street exposure, and positioning in a thriving commercial corridor, making it ideal for investors seeking income stability with upside through leasing or property appreciation. This offering presents a secure, appreciating income stream in one of Miami Beach’s most sought-after retail submarkets, ideal for investors seeking stability, brand tenancy, and long-term upside. Building SF: 5174 | Land Size: 17860.0 SF | Year Built: 2016 | Listing Type: FOR SALE

Market Context

This retail in Miami Beach, FL is listed for sale at $4,700,000 across 5,174 SF ($966/SF). The building dates to 2016. It has been on the market for 70 days. Compare it against other retail listings for sale in Miami Beach, 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).

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