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Unit Size: 7,108 SF
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Condo Use: Retail
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Price: $5,400,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $759.71 USD
Description
Prime Flagship Commercial Opportunity | 7,108 SF | Luxury Two-Story Corner Space
Address: 501 NE 31st St #CU-1, Miami, FL 33137
(Paraiso Bayviews, Edgewater)
Condition: Class A Premium – Grey Box Delivery
Establish your brand’s next flagship location in the epicenter of
Edgewater, one of Miami’s absolute fastest-growing luxury
neighborhoods. Situated directly at the base of the premier
Paraiso Bayviews development, this exceptional two-story
commercial corner property offers an unparalleled corporate
presence surrounded by a massive, built-in base of high-net-worth
residents, hybrid professionals, and local entrepreneurs.
Delivered in designer-ready grey box condition, this
architectural blank canvas offers absolute design freedom for
market leaders seeking a prominent, high-traffic neighborhood
footprint.
The Space & Architectural Highlights
• Massive Double-Height Exposure: Command immediate
street presence with a full-height glass façade featuring the
largest, highly visible commercial glass frontages in the
building and sub-market.
• The Ultimate Bi-Level Layout: Spanning 7,108 SF across
Two beautifully fluid levels (3,554 SF per floor). Seamlessly
connect high-traffic customer zones, retail markets, or
open-concept co-working lounges on the ground floor
with quiet executive suites, private treatment rooms,
Or administrative office support functions upstairs.
•Premium Infrastructure Ready: Fully optimized for immediate
operational needs, equipped with a hard-to-find grease trap
capabilities alongside a highly desirable outdoor terrace
dening perfect for a restaurant, specialty cafe counter, or
members-only events.
Sale Notes
ONE Sotheby's International Realty is pleased to present a rare ground-floor retail opportunity in the heart of Edgewater, one of Miami's fastest-growing neighborhoods. Set within the luxury Paraiso Bayviews development along the bay, the space sits among a dense cluster of high-rise residential towers that bring a steady, built-in customer base right to the door. It's the kind of
location where foot traffic isn't something you have to chase.
Versatile Concept Compatibility
This turnkey retail canvas is structurally custom-tailored to support an array of industry-leading commercial uses:
• Premier Co-Working & Executive Suites:
Utilize the bi-level separation for active hotdesking,
an espresso bar downstairs, and quiet
private workspaces or tech-forward conference
rooms upstairs.
• Gourmet Marketplace & Specialty Grocer:
Optimize the open floor plan for artisanal displays
and fresh grocery aisles, leveraging the
grease trap infrastructure for hot bars or
prepared food concepts .
• Luxury Salon Suites & Beauty Co-Ops:
Benefit from a highly flexible floor plate that
allows custom engineering for individual
plumbing lines, wash stations, and private
Aesthetic studios across two full floors.
• Flagship Culinary, Medical, or Luxury Retail
Showrooms: Take advantage of premium Class A
construction to anchor a landmark restaurant
group, high-end fashion house, art gallery, or
state-of-the-art medical wellness center.
• Sports & Wellness Club
* Biohacking
* Recovery center
* Cryotherapy
* Hyperbaric chambers
* Pilates reformer
* Longevity medicine
* Nutrition clinic
Getting anywhere from here is easy. The I-195 interchange is just up the street, putting the Design District, Wynwood, Miami Beach, and Downtown all within a few minutes' drive, and Biscayne Boulevard runs right alongside as the area's main north-south route. That central position works for both the neighbors who'll stop in daily and the visitors coming from across the city.
There's plenty nearby to pull people into the area, too —the Institute of Contemporary Art and the Design District sit just to the north, with the
Paradox Museum a short walk away. As Edgewater keeps growing and the surrounding arts and retail districts stay busy, this is a spot with real visibility
and room to grow alongside the neighborhood.
Manny Chamizo III
ONE Sotheby's International Realty