Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    150 2Nd Ave Miami, FL 33131

    For Sale
    $2,500,000

    High-yield, USPS-leased retail space.

    Property size:
    3,492 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 3,492 square foot retail property, located at 150 SE 2nd Ave, Unit 103 in Miami, Florida, presents a compelling investment opportunity. Situated within the prestigious Chase Building in Downtown Miami's vibrant core, this space boasts a high-visibility location benefiting from substantial foot traffic and proximity to major transportation hubs. The property is strategically divided, with 2,000 square feet leased to the United States Postal Service (USPS), a highly secure and federally backed tenant, under a partial NNN lease. This lease includes an 8% rent increase every five years, providing predictable and escalating income streams. An additional 1,492 square feet is currently leased for storage to other building tenants, generating supplementary revenue. As one of only four retail spaces on the ground floor, this property offers unparalleled exposure and access within a rapidly developing commercial and residential area. The 0.11-acre lot size complements the substantial building footprint, ensuring a strong return on investment. This low-risk, high-demand property represents a rare opportunity to acquire a stable, income-generating asset in one of Miami's most dynamic and sought-after locations. The combination of a secure, long-term tenant, strategic location, and built-in rent escalations makes this a truly exceptional investment prospect.

    Property Features for 150 2Nd Ave

    General Information

    Property type
    Retail properties
    Square Feet
    3,492 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1967
    Property Profile Location Intelligence

    Current Use by Public Records

    Chase Mortgage Mortgage Lender ABOGADOS COLOMBIA - Usa ... Divorce Lawyer Marili Cancio Johnson ... Attorney I'm Fil Inc. Wholesaler Sapro Systems LLC Software Company

    Suggested Use

    Dental Office Spa & Massage Restaurant Realty agency Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.19053
    Latitude
    25.77289

    Nearby Similar for Sale

    • New
      $2,350,000

      Miami Multifamily Short-Term Rental Property

      Boutique 5-unit apartment community in Miami's Qualified Opportunity Zone.
      1053 NW 29Th St, Miami, FL 33127
      View Details
    • $1,275,000
      3,892 SF

      Miami Fourplex with Income Potential

      Residential income property in Miami, featuring a pool and gated entry.
      14500 NE 2Nd St, Miami, FL 33161
      View Details
    • New
      $3,775,000

      New Multifamily Investment in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • New
      $3,775,000
      7,000 SF

      New Multifamily Investment in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,500,000

      Remodeled Corner Office Suite, Miami

      Completely remodeled corner office suite in the heart of Miami's financial district.
      1110 Brickell Ave, Miami, FL 33131
      View Details
    • $2,100,000

      Redevelopment Opportunity in Miami, FL

      Two lots totaling 14,000 sq. ft. ideal for redevelopment.
      1750 NW 7Th St, Miami, FL 33125
      View Details

    FAQs

    What type of property is this?
    Retail property - High-yield, USPS-leased retail space.
    Where is this retail property located?
    The property is located at 150 2Nd Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    Request Owner's contact information
    150 2Nd Ave Miami, FL 33131
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    150 2Nd Ave
    Miami, FL 33131
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 2Nd Ave Miami, FL 33131
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.