Basic Information

  • MLS # A11724448
  • Type Retail
  • Status Active
  • Year Built 1967
  • Total Sqft 4,792
  • Date Listed 02/01/2025
  • Days on Market 167
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Style Retail

Interior Features

  • Adjusted Sqft 4,792Sq.Ft
  • Sqft 4,792 Sq.Ft

Property Features

  • Address 150 SE 2nd Ave #103
  • Aprox. Lot Size 4,792
  • City Miami
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Occupant Type Call Agent
  • Possession Close Of Escrow
  • Postal City Miami
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $29,190
  • Tax Legal desc B H150 C O N D O U N I T103 U N D I V3.163% I N T I N C O M M O N E L E M E N T S O F F R E C29049-2228
  • Tax Year 0
  • Terms Considered Cash, Conventional
  • Type of Property Retail

150 SE 2nd Ave #103

Miami, FL 33131

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Synergy Realty Advisors. tel: 786-536-7287

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