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501 NE 31st St
Miami, FL 33137

$5,250,000 USD

Apartments Condo For Sale  •  6,628 SF

Property Details

  • Property Type Apartments
  • Total Building Size 750,620 SF
  • Lot Size 1.61 AC
  • Building Class A
  • Year Built 2018
  • Zoning 4604
49 Transit Score
86 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 5 Office/Retail 6,628 SF $5,250,000 USD
  • Unit Size: 6,628 SF
  • Condo Use: Office/Retail
  • Price: $5,250,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $792.09 USD
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.

Description

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.

Highlights

Waterfront view with easy access to the Interstate 195
Nestled in a densely populated area.
Wrap around floor to ceiling windows, 15 feet
Unique Retail Location
New Construction in Luxury Tower

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Business Center
  • Cable Ready
  • Controlled Access
  • Clubhouse
  • Concierge
  • Dishwasher
  • Disposal
  • Fitness Center
  • Microwave
  • Playground
  • Pool
  • Sauna
  • Spa
  • Storage Space
  • Tennis Court
  • Washer/Dryer
  • Waterfront
  • Gated
  • Heating
  • Grill
  • Media Center/Movie Theatre
  • Double Vanities
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Bicycle Storage
  • Dock
  • Elevator
  • Lounge
  • Sundeck
  • Den
  • Island Kitchen
  • Office
  • Pantry
  • Wet Bar
  • Window Coverings
  • Floor to Ceiling Windows

Public Transportation

Commuter RailDriveWalkDistance
Allapattah (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 6 min - 2.4 mi
Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 6 min - 2.4 mi
AirportDriveWalkDistance
Miami International 22 min - 10.2 mi
Fort Lauderdale/Hollywood International 32 min - 22.0 mi
Clemens Hernandez 786-566-9305 London Foster
Clemens Hernandez 786-566-9305 London Foster