Miami, FL 33145

Property

Ownership: For Sale
Type: Retail

Financials

Price:$3,349,000
Annual Taxes:$16,469
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of FI Real Estate Brokerage LLC

Presenting a prime commercial investment at 2223 SW 13th Ave in the heart of Miami s vibrant Coral Way corridor.

Description

Presenting a prime commercial investment at 2223 SW 13th Ave in the heart of Miami’s vibrant Coral Way corridor. This fully leased, income-generating property offers 4,912 SF of leasable space zoned T6-8-0, currently occupied by two long-term tenants who cover all operating expenses—ensuring a stable, hands-off investment. The building layout allows for future subdivision to accommodate up to four tenants, creating flexibility and added upside for the next owner. Strategically positioned just minutes from Brickell, Downtown Miami, Coral Gables, Coconut Grove, and Miami International Airport, this location is highly attractive to businesses seeking central access and visibility. Recent capital improvements include a new roof (2016), impact windows (2022), and a newly installed grease trap (2022). The property has also passed its Re-Certification, offering added peace of mind. With a real 7% Cap Rate and over $233,000 in annual net income, this asset delivers strong, consistent cash flow. Additionally, both tenants have annual 4.5% rent increases built into their leases, enhancing future returns. Whether you’re a seasoned investor or looking to expand your Miami portfolio, this turnkey property combines location, stability, and long-term growth potential. Don’t miss this rare opportunity in one of the city’s most desirable commercial zones.

Amenities

  • Fenced
  • Other
  • SecuritySystem

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.