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Restaurant Condo For Sale • 1,947 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 105/106 | Retail | 1,947 SF | Price Upon Request | |
DescriptionIconic Ocean Drive Front Commercial Walk-In Property One-of-a-kind—located on the world-renowned Ocean Drive in Miami Beach. This exceptional commercial condominium sits directly across from the Miami Beach oceanfront and Lummus Park, attracting tourists from around the globe. The property enjoys open breezes from the beach and vibrant energy from the park, surrounded by a mix of historic charm and entertainment. It is also a hub for major high-end investment projects. This unique combination of location and features cannot be duplicated. Property Features: Ready for occupancy Approximately 70 feet of Ocean Drive frontage City may allow outdoor seating upon permit approval Large window frontage and two separate entrances create a standout presence Prime corner location at 14th Street and Ocean Drive, along a highly traveled path for beachgoers These highly visible beachfront units are surrounded by luxury hotels, top-tier restaurants, and upscale retailers. Positioned in the heart of the bustling oceanfront district, the property benefits from constant foot traffic and flexible MXE zoning, allowing for a wide range of commercial uses. With numerous high-end redevelopment projects nearby, this offering is ideal for an owner-user or investor seeking to establish a flagship presence in Miami Beach’s thriving retail and hospitality scene. Previously Occupied By: Retail clothing stores Resort wear boutiques Art galleries Restaurant This is a prime opportunity to capitalize on the continued growth and high demand for premium commercial space on iconic Ocean Drive, Miami Beach, and its vibrant surroundings. (Details can be requested) Sale NotesThe condominium is currently occupied by a national franchise tenant. The sale price is based on a 5% capitalization rate. |
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Positioned at the vibrant intersection of 14th Street and Ocean Drive, this commercial condominium offers a rare opportunity to own a piece of Miami Beach’s most iconic retail corridor. Directly across from the Atlantic Ocean and Lummus Park, the property benefits from uninterrupted beach breezes, high pedestrian visibility, and a dynamic mix of surrounding entertainment, hospitality, and retail destinations. The unit features approximately 70 feet of prime Ocean Drive frontage, with expansive glass windows and dual entrances that maximize exposure and accessibility. The city may permit outdoor seating, enhancing the appeal for food and beverage operators. Flexible MXE zoning supports a wide range of commercial uses, from boutique retail and gallery space to restaurant or experiential concepts. Currently occupied by a national franchise tenant, the property offers immediate income with a sale price based on a 5% capitalization rate. Its location within a high-demand redevelopment zone makes it an ideal candidate for a flagship retail presence or long-term investment. Past uses include resort wear boutiques, art galleries, and dining establishments, underscoring the space’s versatility and appeal. Surrounded by luxury hotels, top-tier restaurants, and upscale retailers, this condo is at the heart of Miami Beach’s thriving oceanfront district. With constant foot traffic and proximity to major investment projects, this is a rare chance to secure a legacy asset in one of the most recognized beachfront destinations in the world.
| Prime corner location at 14th Street and Ocean Drive, directly across from Lummus Park and the beach. |
| Approximately 70 feet of Ocean Drive frontage with expansive windows and dual entrances for maximum visibility. |
| Surrounded by luxury hotels, upscale retailers, and top-tier restaurants in Miami Beach’s most vibrant oceanfront district. |
| Currently occupied by a national franchise tenant; sale price based on a 5% capitalization rate. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 12 min | - | 5.6 mi | |
| Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 13 min | - | 5.7 mi |
| Airport | Drive | Walk | Distance |
| Miami International | 31 min | - | 15.8 mi |
| Fort Lauderdale/Hollywood International | 42 min | - | 27.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 14 |
| Type: | Surface |
| Included in Rent: | Yes |
