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 Market234

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