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Miami Investmens

150 SE 2nd Ave # 103 Miami FL 33131 MLS #A11724448

150 SE 2nd Ave # 103
Miami, FL, 33131
$2,500,000
Beds
0 Bathrooms
0 SqFt
0 Acres
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$2,500,000
150 SE 2nd Ave # 103
Miami, FL, 33131
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Project Description

Presenting 150 SE 2nd Ave, Suite 103, a prime retail investment in Downtown Miami’s prestigious Chase Building. This 3,492 SF high-visibility property is leased by USPS, a federally backed tenant, ensuring stable cash flow and long-term security. USPS occupies 2,000 SF under a partial NNN lease with an 8% rent increase at each 5-year renewal. The remaining 1,492 SF is leased as storage to different tenants of the building, generating additional income. One of only four retail spaces on the first floor, the property benefits from heavy foot traffic, dense commercial and residential growth, and proximity to major transit hubs. With a secure tenant, prime location, and rent escalations, this is a high-demand, low-risk investment in one of Miami’s fastest-growing markets.

Property Details

Price:
$2,500,000
MLS #:
A11724448
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Retail
Listed Date:
Feb 1, 2025
Total Sq Ft:
3,492
Year Built:
1967
Commercial/residential Income,retail SpaceCommercial Lease

Schools

Interior

Exterior

Construction Materials
CBS Construction

Financial

Net Operating Income
$107,536
Taxes
$29,190

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Profitability of the Property

Net Monthly Income:
Annual Profitability of:
150 SE 2nd Ave # 103
Miami, FL