$19,900,000
Miami, FL 33132
MLS# A12034348
20000 sqft
1 / 27
Property Description
Exceptional 18,781 SF Class A retail portfolio in Miami's Edgewater neighborhood. 100% occupied with a diverse, credit-worthy tenant mix anchored by JP Morgan Chase and positioned adjacent to Publix.• New Pricing: $19,900,000 (5.17% Current Cap Rate / 5.56% 10-Yr Average).• Seller Financing: Highly attractive terms available up to $9M at 6.5% Interest-Only (5-7 year term), drastically maximizing Cash-on-Cash returns. Sale includes 36 excess parking spaces located inside the residential tower. These spaces can be sold off individually to condo residents (current market value $35K-$55K/each) for an immediate return of capital, without affecting the dedicated retail parking on the ground floor and rear exclusive-use lots. Positioned on Biscayne Blvd with superior visibility. Over 10,000 residential units within a 1-mile radius provide a substantial built-in customer base. Turnkey, income-producing trophy asset ideal for 1031 Exchange buyers seeking dependable cash flow and aggressive seller debt. Contact for full OM and pro forma.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-06-11
Status: Active
Original List Price: 22000000
List Price: $19,900,000
Current Price: $19,900,000
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 275
Street Direction Prefix: NE
Street Name: 18th
Street Suffix: Street
Unit Number: CU02-CU10
City Name: Miami
Municipal Code: 1
State Or Province: FL
Postal Code: 33132
Postal Code +4: 1117
Area: 2320
Parcel Number: 0132310590001
Subdivision Number: 59
Zoning: 6402
Flood Zone: AE,X
General Property Information
Number Of Buildings: 1
Property Sub Type: Retail
Occupant Type: Tenant
Building Area Main: 20000
Parking Total: 36
Lot Size Area: 51178
Lot Size Acres: 1.36
Stories Total: 1
Meter Information
Number Of Meters Total: 11
Building and Property Details
# Of Offices: 12
# Of Tenants: 12
# Of Toilets: 10
% Air Conditioned: 100
Door Height: 0-8'
Improvement Height: 1 Story
Distance To Information
Miles to Beach: 4
Income and Expenses
Occupancy Percentage: 100
Price Calculations
Current Price To SqFt: 995
Section Details
Parcel Number MLX: 0001
Financial Information
Tax Legal Description: 1800 BISCAYNE PLAZA CONDO BISC FEDL PLAZA 1ST ADDN PB 116-7 TR B & PORT OF LOT 7 & LOTS 10 THRU 12 OF MIRAMAR PB 5-4 AS DESC IN DEC OR 23981
Status Change Information
Major Change Timestamp: 2026-10-29T19:31:59Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-29T19:31:59Z
Status Change Date: 2026-06-11
Originating Details
Originating System Key: 510225773
Originating System ID: M00000151
Property Features
Building Features: Exterior Lighting; Private Restroom(s)
Business Type: Retail
Documents Available: Bylaws & Documents; Copy Of Lease(s); Other Available Information
Electric: 110 Volts; 220 Volts
Flooring: Concrete
Heating: Central Individual
Location of Property: City Location; Corner Lot; Inside Location
Parking Features: Assigned; Common; Covered
Possession: Close Of Escrow; Negotiable
Source Of Expenses: Books; Owner Provided
Tenant Pays: Electricity; Inside Insurance; Insurance; Interior Electric; Interior Maintenance; Maintenance; Sign(s); Water
Construction Materials: Block
Cooling: Central Individual
Listing Terms: 1031 Exchange; Cash; Conventional; Cryptocurrency
Road Frontage Type: City Street
Traffic Type: Pedestrian; Heavy
Roof: Concrete
Security Features: Fire Alarm; Fire Sprinkler System; Security Lights; Security System; Smoke Detector(s)
Sewer: Public Sewer
Structure Type: Office; Retail
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only
Acreage Description: 1 To Less Than 2 Acre Lot
Listing Office: Xfera Realty Group, LLC.
Last Updated: October - 31 - 2026
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