Home » Properties » 1948 NE 123rd St # 105, North Miami FL 33181

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Retail Space for Rent at 1948 NE 123rd St, North Miami

900 sqft retail space available for rent in North Miami with reduced rent for first 6 months. Includes taxes and water.

$1,990

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MLS #A11732563

Listing Updated: 2026-07-16 00:40:37

Listed By: Citadel Realty

Overview

This retail space located at 1948 NE 123rd St #105 in North Miami offers 900 sqft of commercial area ideal for various business uses. Built in 1985, the property benefits from a prime location close to Bal Harbour, Bay Harbor Islands, and Biscayne Boulevard, providing excellent exposure and accessibility. The landlord offers a reduced rental rate for the first six months, making it an attractive option for new tenants. The rent includes real estate taxes and water, and ample parking is available on site. This vacant space is ready to accommodate your business needs in a vibrant commercial corridor.

Property Highlights

900 sqft retail space, reduced rent first 6 months, includes taxes and water, ample parking, close to Bal Harbour and Biscayne Blvd, vacant and ready.

Property Details

City: North Miami

State: FL

Zip Code: 33181

Address: 1948 NE 123rd St # 105, North Miami FL 33181

Year Built: 1985

Property Type: Commercial Sale

Property Sub Type: Retail

Listing Office Name: Citadel Realty

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $22,288

Days On Market: 475 Days

Original Listing Description

REDUCED MONTHLY RENTAL FIRST 6 MONTHS!!! AFTER 6 MONTHS $2,500.00 PER MONTH !!!Great Location !!!!Motivated Landlord!!! Lots of parking!!! Vacant!!!!!!900 sq ft on 123rd !!!Sans Souci is located minutes from Bal Harbour and Bay Harbor Islands !!!Minutes from Biscayne Blvd!!! Includes Real Estate taxes and water !!!

Property Location

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

1948 NE 123rd St # 105, North Miami FL 33181

About This Neighborhood

Situated in North Miami, this retail space benefits from proximity to well-known areas such as Bal Harbour and Bay Harbor Islands. The neighborhood combines residential and commercial zones, offering a dynamic environment for retail businesses. Biscayne Boulevard nearby is a major thoroughfare that draws significant traffic, enhancing customer access. The area is known for its diverse business community and steady commercial activity, making it a practical location for retail operations seeking visibility and convenience.

Walkability & Lifestyle

The retail space is situated in a walkable area with access to nearby dining, shopping, and service options. Its location near Biscayne Boulevard and residential neighborhoods supports pedestrian traffic, which benefits retail businesses. The surrounding community offers a blend of commercial and residential amenities, making daily errands and visits convenient for customers and employees alike.

Things To Do Nearby

North Miami provides a variety of activities including waterfront parks, dining venues, and cultural attractions. Nearby Bal Harbour and Bay Harbor Islands offer upscale shopping and recreational opportunities. For visitors and locals, the area supports boating, dining, and entertainment options that complement the commercial environment surrounding this retail space.

Nearby Schools

While this property is commercial, North Miami offers access to a range of educational institutions for families residing or working in the area. The community supports convenient access to public and private schools, contributing to the overall desirability of the neighborhood. Proximity to schools can also enhance foot traffic and local engagement for retail businesses in the vicinity.

Why Buyers Like This Area

Buyers and tenants appreciate this location for its accessibility to major commercial corridors and proximity to popular destinations like Bal Harbour. The availability of ample parking and included utilities in the rent enhances convenience. The space’s flexibility and competitive pricing attract a range of business types seeking a foothold in a busy retail market with strong community engagement.

Investment Potential

This retail property in North Miami offers a flexible leasing option with reduced rent for the initial six months, making it appealing for businesses seeking to establish or expand their presence. Its location near popular commercial hubs like Bal Harbour and Biscayne Boulevard enhances its visibility and accessibility, factors that can attract steady tenant interest. The inclusion of real estate taxes and water in the rent simplifies operational costs, which is advantageous for tenants evaluating their budget. While it is a rental opportunity, the property's positioning within a vibrant retail corridor supports sustained demand from local businesses.

Market Trends

The North Miami commercial real estate market continues to attract interest due to its strategic location and accessibility to key retail corridors. Demand for retail spaces remains consistent, supported by the area's mixed-use development and growing population. Properties with flexible leasing terms and competitive pricing, like this retail space, are particularly appealing to small and medium-sized enterprises. Market trends indicate a stable environment for retail leasing, with businesses favoring locations that provide both visibility and ease of access.

Rental Income Potential

This retail property’s location near major commercial areas and thoroughfares contributes to its rental appeal. The initial reduced rent period offers an opportunity for tenants to establish their business with lower upfront costs. Given the area's commercial activity, the space is likely to attract interest from various retail operators. While rental income can vary, the property's features and location support consistent tenant demand and usability for diverse retail purposes.