Commercial Sale · Retail
501 NE 31st St # 6, Miami FL 33137, MIAMI, FL, 33137
Active403 days on marketListed Jul 11, 2025MLS #A11838916
About this property
The property at a glance
Unique commercial property for sale in the heart of booming Edgewater! PARAISO BAYVIEWS CONDO Currently being built out for a luxury Dog Spa, but zoning allows for many commercial uses: beauty salon, medical or dental office, boutique retail, wellness center, pet clinic, or dog hotel. Ground-floor unit with excellent street visibility in a high-traffic corridor surrounded by luxury condos, new high-rises, and walkable retail. Just minutes from Midtown, Wynwood, and Downtown Miami. Dense population and strong demand for premium services in the area. Ideal for owner-operators or investors. Optional sale of business or lease-back available. Includes 2 valet parking spots Plus key money build out 150.000
685
Building sq ft
$1,679
Price / sq ft
685
Lot sq ft
2018
Year built
4604
Zoning
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$6,097/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Lacie to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
19,496
Population
$117,257
Median income
35
Median age
2
Avg household
$420,344
Median home value
$2,485/mo
Median rent
1,579
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.
Looking good and reaching fitness goals is all about discipline: Eat right. Work hard. No excuses. This population is more likely to view working out as a means to an end.
Seeking peace and well-being through meditation, gratitude and spirituality.
Recent sales
What actually sold near 501 NE 31st St # 6
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$50
3438 N Miami Ave, Miami FL 33127
Sold Oct 13, 2025
$2,110,000
1707 SW 5th St, Miami FL 33136
Sold Apr 4, 2025
$3,600
1101 SW 8th St # 1109, Miami FL 33130
Sold Oct 1, 2025
Your team
The pros in your corner
Your agent
Lacie Springstead
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 501 NE 31st St # 6 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 501 NE 31st St # 6.
See it in person
Schedule a tour
Live availability from Lacie's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Adonait Business LLC · Daniel Gleizer. MLS #A11838916.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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