Lincoln Rd Mall, Miami Beach, FL 33139 For Sale

The "Lincoln Road Renaissance": A $200M+ Reinvestment Cycle

The street is currently undergoing a massive transformation backed by over 200million in public and private capital∗∗.This includes∗∗60M in city infrastructure upgrades and $140M in private NOLI redevelopment. With 10 million+ annual visitors and a 99 Walk Score, the corridor has reached a critical inflection point in asset appreciation.

• Infrastructure & Connectivity: A $12 million public-private partnership is extending the historic pedestrian mall directly to the ocean, finally fulfilling architect Morris Lapidus’s vision of a grand promenade stretching from the bay to the sand.
• Public Upgrades: The city is investing $29.4 million in Phase II upgrades, which include new landscaping, enhanced sidewalks, improved LED lighting, and the creation of an amphitheater at Drexel and the mall.
• Luxury Anchors: The district is becoming a magnet for ultra-high-net-worth individuals, anchored by the Ritz-Carlton Residences (featuring a $125 million penthouse) and the Grand Hyatt Miami Beach, a new 800-room hotel and convention hub scheduled for completion in 2027.

Unrivaled Tenant Momentum: Global Flagships & Destination Dining

The corridor is being reshaped by an influx of world-class "attention economy" tenants:

• Superhuman Museum: A brand-new immersive cultural anchor approved to replace the landmark Regal Cinemas.
• The Nice Guy: The celebrity-favorite L.A. concept (h.wood group) taking 7,000 SF.
• Victoria’s Secret: A massive ~8,000 SF flagship relocation right next door.
• Alo Yoga: A new ~13,480 SF experiential flagship.
• Culinary Powerhouses: New leases from Andrés Carne de Res (10,000 SF), Prince Street Pizza, Negroni Caffe & Sushi Bar, All’Antico Vinaio, Zaytinya, and The Taco Stand.

Record-Breaking Market Validation

Recent asset sales prove that institutional capital is betting big on the corridor’s revival, with pricing currently exceeding $1,500 PSF:

• 716-720 Lincoln Road (Feb 2026): Sold for a record **1,695PSF∗∗(11.7M total).
• 100 Lincoln Road (Sep 2024): Sold for **1,245PSF∗∗(17.3M total).
• 910 Lincoln Road (Jul 2024): Sold for **1,220PSF∗∗(10.46M total).
• 551 Lincoln Road (Rivani Purchase): Acquired for **1,050PSF∗∗(37M total).

Confidentiality Notice: This is an off-market offering. For the full Offering Memorandum and detailed rent roll, please execute a Non-Disclosure Agreement. Contact Ryall Tarpley at Brickell Global Realty [email protected] for more information.