Presenting 150 SE 2nd Ave, Suite 103, a prime retail investment in Downtown Miami’s prestigious Chase Building. This 3,492 sq.ft high-visibility property is leased by USPS, a federally backed tenant, ensuring stable cash flow and long-term security. USPS occ

150 SOUTH EAST 2ND AVE #103, Miami

$2,500,000 USD
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      Address150 SOUTH EAST 2ND AVE #103, Miami
      Building Name150
      Type of PropertyRetail
      Type of BusinessCommercial / Residential Income, Retail Space
      Property StyleCommercial Lease
      Price$2,500,000
      Property StatusActive
      MLS NumberA11724448
      Property Size4792
      Lot Size4792
      Year Built1967
      Folio Number01-41-38-159-0320
      Net Operating Income$107,536
      Zoning Information6401
      Days on Market211

      Detailed Description: Presenting 150 SE 2nd Ave, Suite 103, a prime retail investment in Downtown Miami’s prestigious Chase Building. This 3,492 sq.ft high-visibility property is leased by USPS, a federally backed tenant, ensuring stable cash flow and long-term security. USPS occupies 2,000 sq.ft under a partial NNN lease with an 8% rent increase at each 5-year renewal. The remaining 1,492 sq.ft 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.

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      Address Information
      StateFlorida
      CityMiami
      CountyMiami-Dade County
      Zip Code33131
      Address150 SOUTH EAST 2ND AVE
      Section38
      Zip Code (4 Digits)1515
      Financial Information
      Price$2,500,000
      Price per Foot$0
      Folio Number01-41-38-159-0320
      Net Operating Income$107,536
      Tax Amount$29,190
      Full Descriptions
      Detailed DescriptionPresenting 150 SE 2nd Ave, Suite 103, a prime retail investment in Downtown Miami’s prestigious Chase Building. This 3,492 sq.ft high-visibility property is leased by USPS, a federally backed tenant, ensuring stable cash flow and long-term security. USPS occupies 2,000 sq.ft under a partial NNN lease with an 8% rent increase at each 5-year renewal. The remaining 1,492 sq.ft 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 parameters
      Living Area4792
      Lot Size4792
      Total Acreage0.000
      Zoning Information6401
      Maximum Leasable Size4792
      Year Built1967
      Type of PropertyRetail
      Type of BusinessCommercial / Residential Income, Retail Space
      StyleCommercial Lease
      Building Name150
      Construction TypeCBS Construction
      Street DirectionSouth East
      Listed withSynergy Realty Advisors