Miami Retail Strip Center
1166 SW 17th Ave, Miami, FL 33135
Fully occupied retail strip center in Little Havana / Shenandoah corridor.
Type:Commercial
Property size:
8,299 SFLot size:
0.44 AcresPrice / SF:
$339/SF- Added:
- Apr 24, 2026
- Days on Market:
- 37
- 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
Listing agent Arthur Porosoff License #3160379 (305) 209-8866
Listing office Porosoff Group (305) 209-8866
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 Porosoff Group
HighLights
- 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.
- All retail leases include built‑in $100/year annual rent increases and a weighted average lease term exceeding 75 months.
- Low operating expenses of ~$36,931/year, with tenants responsible for utilities.
- Includes valuable wine & beer and lottery licenses, equipment, machinery, and inventory.
Overview
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
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.222684
- Latitude
- 25.761891
Nearby Similar for Sale
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.
