Home » Properties » 1451 Ocean Dr # 104, Miami Beach FL 33139

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Ground Floor Retail Condo on Ocean Drive in Miami Beach

Prime retail condo on Ocean Drive offers direct street access and dedicated underground parking.

$2,800,000

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MLS #A11836099

Listing Updated: 2026-07-06 18:25:27

Listed By: Upside Partner, LLC.

Overview

This ground floor commercial retail condo at 1451 Ocean Drive #104 presents a rare opportunity to secure prime space in Miami Beach’s vibrant Ocean Drive corridor. Built in 1998, the property benefits from frontline exposure, attracting both pedestrian and vehicle traffic in this bustling urban neighborhood. Convenience is enhanced by dedicated underground parking, providing easy access for customers and tenants alike.Situated across from The Collins, a forthcoming redevelopment project with over 100,000 square feet of Class A office and restaurant space, the location offers excellent synergy with new businesses drawing significant foot traffic. This mixed-use property fits well within the dynamic local scene, where lifestyle and commerce blend seamlessly along one of Miami Beach’s most iconic streets.

Property Highlights

Prime Ocean Drive retail space, ground floor convenience, located in heart of Miami Beach, dedicated underground parking, near major redevelopment.

Property Details

City: Miami Beach

State: FL

Zip Code: 33139

Address: 1451 Ocean Dr # 104, Miami Beach FL 33139

Year Built: 1998

Property Type: Commercial Sale

Property Sub Type: Mixed Use

Listing Office Name: Upside Partner, LLC.

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $49,497

Days On Market: 333 Days

Original Listing Description

Retail condo available for purchase (there are two, please see other listing) separately or as a package • Unique Opportunity to own ground floor space along Ocean Drive • Across the street from The Collins, an upcoming redevelopment featuring over 100,000 SF of Class A office and restaurant space • Dedicated on-site parking in underground parking lot

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

1451 Ocean Dr # 104, Miami Beach FL 33139

About This Neighborhood

Located in the vibrant heart of Miami Beach, this property is positioned along iconic Ocean Drive, known for its energetic mix of restaurants, shops, and cultural experiences. The neighborhood offers a unique urban lifestyle where the classic Miami Beach atmosphere meets modern redevelopment, ensuring convenience and appeal to a wide range of visitors and business owners.

Walkability & Lifestyle

Ocean Drive is renowned for its walkable stretch filled with cafes, boutiques, and entertainment venues. This retail condo benefits from easy pedestrian access, making it convenient for visitors exploring Miami Beach by foot. Proximity to the oceanfront and nearby dining highlights support an active, urban lifestyle.

Things To Do Nearby

The location places tenants and visitors steps away from Miami Beach’s famed waterfront, lively nightlife, and cultural attractions. Enjoy outdoor activities like beach strolls and coastal dining, or explore the nearby new developments that add office and restaurant spaces, enriching the local atmosphere with diverse entertainment and social options.

Nearby Schools

While this is a commercial property, Miami Beach offers a variety of educational options for families living or working nearby. Access to local schools adds to the community’s well-rounded appeal, blending residential life with dynamic business opportunities along the Ocean Drive corridor.

Why Buyers Like This Area

Buyers appreciate this property for its exceptional Ocean Drive frontage and dedicated parking, rare qualities in Miami Beach’s retail market. The location’s blend of historic charm with modern redevelopment projects appeals to those looking for vibrant commercial opportunities in a high-traffic, cosmopolitan setting.

Investment Potential

This retail condo offers potential for various business uses thanks to its prime Ocean Drive location. Proximity to a major redevelopment project ensures strong visitor appeal and steady pedestrian flow throughout the year. This ease of access and visibility could support diverse commercial ventures catering to locals and tourists alike in Miami Beach’s thriving corridor.

Market Trends

Miami Beach's commercial real estate continues to attract interest due to its blend of tourism, lifestyle, and redevelopment activities. Ocean Drive remains a sought-after stretch with properties appreciating as new projects like The Collins enhance the local business environment. Market activity favors well-positioned retail spaces with strong street presence and easy access.

Rental Income Potential

Given the condo’s prime location on Ocean Drive and nearby office and restaurant developments, this retail space holds appeal for seasonal and year-round tenants. Demand for street-level commercial spots in Miami Beach’s mixed-use areas suggests potential for consistent rental interest, especially from businesses seeking high visibility in a vibrant tourism and entertainment district.