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819 5th St 7,064 SF Retail Building Miami Beach, FL 33139 $5,444,088 CAD ($770.68 CAD/SF)
INVESTMENT HIGHLIGHTS
- Heavy foot traffic High visibility Rare standalone building Prime South Beach location
EXECUTIVE SUMMARY
Prime Mixed-Use Commercial Opportunity in South Beach. Favorable CPS-2 Zoning which allows retail, residential, hotel, restaurant + bar, and hotel. Iconic mixed-use commercial building on the bustling 5th Street corridor in Miami Beach is now available for a new owner. With high foot traffic and visibility, the first-floor retail space is perfectly suited for a restaurant, or office, capitalizing on the vibrant local market. The second floor offers versatile options for corporate suites, professional offices, or apartment rentals, catering to the area's diverse clientele.Adjacent to the upscale South of Fifth neighborhood, this historic property, was once home to the renowned TAP TAP restaurant—a cultural, social, and dining hub. Seize the opportunity to revitalize this gem in an A+ location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,064 SF
Building Class
C
Year Built
1921
Price
$5,444,088 CAD
Price Per SF
$770.68 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.08 AC
Zoning
C-PS2 - Commercial Performance Standard
Vacant and ready for new owner
Zoning allows residential, vacation rental, retail, office & restaurant & bar uses
Frontage
40’ on 5th St
AMENITIES
- Storage Space
- Air Conditioning
- Balcony
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Katharine Kean
- -
- -
- -
- -
- Tap Tap Restaurant
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Katharine Kean | - | - | - | - | ||
| Tap Tap Restaurant | Retailer | - | - | - |
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-4203-009-4980 | Improvements Assessment | $639,782 CAD |
| Land Assessment | $2,538,180 CAD | Total Assessment | $3,177,962 CAD |
PROPERTY TAXES
Parcel Number
02-4203-009-4980
Land Assessment
$2,538,180 CAD
Improvements Assessment
$639,782 CAD
Total Assessment
$3,177,962 CAD
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819 5th St
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