MIAMI—In a rare South Beach opportunity, the entire fifth floor of the former Sony building on Lincoln Road is up for grabs. Marcus & Millichap investment broker Alex Zylberglait just listed over 10,000 rentable square at 605 Lincoln Road at $5.475 million. (Recently, South Beach saw an office building trade for $80 million).

Compass and Starbucks are among the building's existing tenants. In 2005, owners renovated the fifth floor, which is full built-out with views of both Lincoln Road and Pennsylvania Avenue. The office property has undergone significant upgrades including impact windows, upgraded lighting and modernized systems.

With limited office inventory in an area with extremely high demand for office, Zylberglait believes investors and owner-users will seek to snap up the asset. “605 Lincoln Road is one of the world's most desirable addresses,” Zylberglait tells GlobeSt.com. “It is rare to have the opportunity to buy an entire floor in an office building on Lincoln Road. The space is ideal for a company that wants to have a presence in Miami Beach as an end-user or as an investor looking to invest in a well-established market.”