GAIA - Miami Beach, FL — Sale in Miami Beach, FL
- Price: $23.6M
- Listing type: For sale
- Asset type: Retail Business
- Location: Miami Beach, FL
- Size: 12,848 SF
Photos
Investment Figures
- Cap rate
- 6.15%
- Price per square foot
- $1,835
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Iconic South Beach Restaurant
Market Context
This retail in Miami Beach, FL is listed for sale at $23,579,000 across 12,848 SF. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Miami Beach, FL — view the full market.
As of Q4 2025, the Miami retail market showed a 3.1% vacancy rate, and rents up 1.4% year over year. Source: multiple brokerage reports, Q4 2025.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- Is the Miami retail market tightening or softening?
- Vacancy is around 3.1%, with asking rents rising year over year (Q4 2025).
Contact
- Alex Sharrin · 3059135545 · alex.sharrin@jll.com
- Jeffrey Cicurel · 7735738118 · jeffrey.cicurel@jll.com
Explore this market
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