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1166 SW 17th Ave Miami, FL 33135

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For Sale
$2,820,000

Fully occupied retail strip center in Little Havana / Shenandoah corridor.

Type:Commercial
Property size:
8,299 SF
Lot size:
0.44 Acres
Added:
Apr 24, 2026
Days on Market:
4
Last Refresh:
Apr 24 at 3:07 pm

Property Features for 1166 SW 17th Ave

General Information

Standard status
Active
Size
8,299 SF
Lot size
0.44 Acres
Property subtype
Commercial

Building Details

Year Built
1925

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Listing Contact
Arthur Porosoff
Arthur Porosoff

Listing agent Arthur Porosoff License #3160379

Listing office Compass Florida LLC

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida LLC


Overview

Miami Retail Strip Center Investment

This offering features a fully occupied retail strip center located in Miami’s Little Havana / Shenandoah area. The 8,299-square-foot retail building is situated on a 12,573-square-foot lot with 118 feet of frontage on SW 17th Avenue. Also included is an adjacent 1,053-square-foot house at 1700 SW 11th Terrace on a separate 6,732-square-foot lot. The combined parcels total 19,304 square feet of land. The property is currently home to four established tenants: a grocery store, laundromat, bakery, and salon. These tenants generate $158,400 in gross scheduled income, with an estimated net operating income (NOI) of approximately $113,549. All retail leases include built-in $100 per year annual rent increases, and the weighted average lease term exceeds 75 months. Operating expenses are minimal at approximately $36,931 per year, with tenants responsible for their own utilities. The offering includes wine & beer and lottery licenses, equipment, machinery, and inventory. The property benefits from its location on SW 17th Avenue in the Little Havana neighborhood, with proximity to Downtown Miami, Brickell, and Coral Gables. Over 45,000 residents live within a one-mile radius.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

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  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.222684
Latitude
25.761891

FAQs

What type of property is this?
Strip mall - Fully occupied retail strip center in Little Havana / Shenandoah corridor.
Where is this strip mall located?
The property is located at 1166 SW 17th Ave Miami, FL.
What is the asking price?
The asking price for this property is $2,820,000.
What are key features of this property?
This property features: 100% occupied retail strip center generating ~$113,549 NOI, offering stable income.; Includes an adjacent house on a separate lot, valued at $550,000, in addition to the retail building.; Prime location in Little Havana with 118 feet of frontage on SW 17th Avenue.
More about this property
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