501 NE 31st St #CU-1, Miami, FL 33127
501 NE 31st St, Miami, Florida 33127
$5,400,000
$760 / sq ft Listed Jul 1, 2026
7,108 sqft
Building
7,108 sqft
Lot
2018
Built
2
Stories
11
Parking
2
Units
About this property
501 NE 31st St #CU-1, Miami, FL 33127 is a retail for sale in Miami, Florida, listed at $5,400,000. Key details: year built 2018, building size 7,108 sqft, lot size 7,108 sqft, stories 2. Listed by Manuel Chamizo III of ONE Sotheby's on LoopingCloud and last updated July 1, 2026.
ONE Sotheby's International Realty is pleased to present a rare ground-floor retail space for sale in the heart of Edgewater, one of Miami's fastest-growing waterfront neighborhoods. Located within the luxury Paraiso Bayviews residential development, this premier commercial property offers a built-in, high-income customer base directly from the surrounding high-rise luxury towers.
For investors and business owners looking for Miami commercial real estate, this location delivers exceptional, built-in foot traffic in a high-density coastal neighborhood.
Property Highlights & Location Advantage
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Strategic Location: Situated in the high-growth Edgewater neighborhood along Biscayne Bay.
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Built-in Clientele: Positioned on the ground floor of a luxury high-rise tower, surrounded by thousands of residential units.
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Unmatched Connectivity: Minutes from the I-195 interchange, providing rapid access to the Miami Design District, Wynwood, Miami Beach, and Downtown Miami.
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High Visibility: Excellent exposure along Biscayne Boulevard’s primary north-south transit corridor.
Capitalize on Miami’s Premier Cultural & Retail Hub
This Edgewater Miami retail space puts your business at the crossroads of Miami's most vibrant cultural districts. The property enjoys close proximity to world-class traffic drivers, including:
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The Miami Design District and the Institute of Contemporary Art (ICA Miami) to the north.
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The heavily trafficked Paradox Museum and Wynwood arts district just a short walk away.
As Edgewater continues its rapid upward trajectory, this commercial property offers unparalleled visibility, strong neighborhood demographics, and long-term appreciation potential.
Looking to invest in Miami retail real estate? Contact ONE Sotheby's International Realty today to schedule a private viewing of this prime Edgewater commercial space.
Key highlights
- Zoning 4604
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Business Opportunities
| Company | Business type | Contact | Phone | |
|---|---|---|---|---|
| BAY TITLE COMPANY | Title Services | ALANA Supraski | (305) 692-8886 |
Property details
Key facts
- Year Built
- 2018
- Building Size
- 7,108 sqft
- Lot Size
- 7,108 sqft
- Stories
- 2
- Parking Spaces
- 11
- Total Units
- 2
- Building Class
- Class A
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
$760
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $5,400,000 | - | - | - | - |
Features and amenities
Property Other Use Types
- Zoning 4604
Property Features
- Private elevator servicing the two-level space 11 dedicated parking spaces
- Flexible configuration — lease the full two-story unit or take individual floors to fit your footprint Full-height glass façade with double-height exposure and the largest commercial glass frontages in the building (among the largest in the area)
Highlights
- Ground floor ideal for retail, showroom, medical, wellness, restaurant, or other customer-facing uses; second floor offers flexible space for offices or support functions Hood and grease trap capabilities Outdoor terrace potential
- 7,108 SF corner retail space across two levels (3,554 SF per floor) at Paraiso Bayviews in Edgewater
Location
Address as shown by the lister.
Get directionsAbout this area - Miami
- Population
- 27,796
- Housing units
- 9,681
- Land area
- 3.2 sq mi
- County
- Miami Dade
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Frequently asked questions
What is the asking price of 501 NE 31st St #CU-1, Miami, FL 33127?
501 NE 31st St #CU-1, Miami, FL 33127 is listed at $5,400,000. That works out to about $760 per square foot.
Where is 501 NE 31st St #CU-1, Miami, FL 33127 located?
The property is in 501 NE 31st St, Miami, Florida 33127, Miami Dade County.
What type of property is this?
This is a retail for sale in the commercial category.
How big is the property?
The building is 7,108 sqft. The lot is 7,108 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Manuel Chamizo III of ONE Sotheby's listed this property. Use the Request Info button to send a message or call (305) 666-0562.
When was this listing published?
It was published on July 1, 2026 and last updated on July 1, 2026.
Listing information
- Listing ID
- CL-Florida-27957
- Published
- Jul 1, 2026
- Last updated
- Jul 1, 2026
Report a problem with this listing
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