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501 NE 31st St - Paraiso Bayviews CU-1
6,628 SF Office/Retail Condo Unit Offered at $5,250,000 in Miami, FL 33137
Investment Highlights
- Waterfront view with easy access to the Interstate 195
- Wrap around floor to ceiling windows, 15 feet
- New Construction in Luxury Tower
- Nestled in a densely populated area.
- Unique Retail Location
Executive Summary
Introducing an Exclusive Retail Space for Lease Exceptional opportunity to establish a gourmet casual restaurant the vibrant locale of Paraiso on the bay. Originally procured for the launch of a specialty market cafe/wine bistro, this prime area complemented by a charming outdoor seating area.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Price | $5,250,000 | Building Class | A |
Unit Size | 6,628 SF | Floors | 44 |
No. Units | 1 | Typical Floor Size | 12,703 SF |
Total Building Size | 750,620 SF | Year Built | 2018 |
Property Type | Multifamily (Condo) | Lot Size | 1.61 AC |
Property Subtype | Apartment | Sale Conditions | Building in Shell Condition |
Sale Type | Investment or Owner User |
Price | $5,250,000 |
Unit Size | 6,628 SF |
No. Units | 1 |
Total Building Size | 750,620 SF |
Property Type | Multifamily (Condo) |
Property Subtype | Apartment |
Sale Type | Investment or Owner User |
Building Class | A |
Floors | 44 |
Typical Floor Size | 12,703 SF |
Year Built | 2018 |
Lot Size | 1.61 AC |
Sale Conditions | Building in Shell Condition |
1 Unit Available
Unit 5
Unit Size | 6,628 SF | Sale Type | Investment or Owner User |
Price | $5,250,000 | No. Parking Spaces | 12 |
Price Per SF | $792.09 | Sale Conditions | Building in Shell Condition |
Condo Use | Office/Retail | APN/Parcel ID | 01-3230-096-0010 |
Unit Size | 6,628 SF |
Price | $5,250,000 |
Price Per SF | $792.09 |
Condo Use | Office/Retail |
Sale Type | Investment or Owner User |
No. Parking Spaces | 12 |
Sale Conditions | Building in Shell Condition |
APN/Parcel ID | 01-3230-096-0010 |
Description
Introducing a one-of-a-kind retail opportunity at Paraiso Bayviews Condominiums, featuring 6,500 Sq/ft of two floors, 1st floor 3,000 sq/ft and 3,500 Sq/ft floor with private lobby / elevator. Located in the vibrant heart of Edgewater. Situated within the highly sought-after Paraiso District, this commercial condo space presents an exceptional investment prospect. With a prime location and a thriving community, this property is poised to capitalize on the bustling energy of Miami's most popular neighborhoods.
The Paraiso District boasts four brand-new luxury buildings, offering a mix of residential and commercial spaces. Notably, all residential units within the district have been sold, ensuring a constant flow of potential customers right at your doorstep. This captive audience of discerning residents presents a lucrative customer base, ready to embrace the convenience and luxury of on-site retail.
Currently undergoing renovations to create a high-end grocer market/cafe on the ground floor and a second-floor retail/office space with a private lobby entrance and elevator. This project offers the option to be sold as the ongoing development or as-is, providing flexibility for potential buyers. Don't miss the chance to capitalize on this prime commercial space in the heart of Edgewater.
Sale Notes
Introducing a one-of-a-kind retail opportunity at Paraiso Bayviews Condominiums, featuring 6,500 Sq/ft of two floors, 1st floor 3,000 sq/ft and 3,500 Sq/ft floor with private lobby / elevator. Located in the vibrant heart of Edgewater. Situated within the highly sought-after Paraiso District, this commercial condo space presents an exceptional investment prospect. With a prime location and a thriving community, this property is poised to capitalize on the bustling energy of Miami's most popular neighborhoods.
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 288 | - | 736 |
2+2 | 100 | - | 1,055 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Double Vanities
- Kitchen
- High Speed Internet Access
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Den
- Island Kitchen
- Office
- Pantry
- Wet Bar
- Window Coverings
- Floor to Ceiling Windows
Site Amenities
- 24 Hour Access
- Business Center
- Controlled Access
- Clubhouse
- Concierge
- Fitness Center
- Playground
- Pool
- Sauna
- Spa
- Tennis Court
- Waterfront
- Gated
- Grill
- Media Center/Movie Theatre
- Bicycle Storage
- Dock
- Elevator
- Lounge
- Sundeck
zoning
Zoning Code | 4604 (Heavy Business) |
4604 (Heavy Business) |
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501 NE 31st St - Paraiso Bayviews CU-1
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