Corner Office
2190 NW 2ND ST, Miami, FL 33135
For Sale
New
Contact for pricing
A one-story office property occupies a landscaped corner site with frontage on two streets.
Property Size1,739 SF
Lot Size0.10 Acres
Price / SF$690.05
Days on Market7
Property Features for 2190 NW 2ND ST
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Road Access
Additional Details
Asking Price
Property Use
Amenities
landscaped grounds
monument signage
Building Details
Buildings
Stories
Building Size
Listing Agency:
Vivo Real Estate Group Inc
Listed By:
Alessandro Lima · License FL #3404498
(305) 964-9688
Source:
Crexi
Added: Nov 3
Changed: Nov 9
Last Checked: Nov 9 at 2:01PM
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 Vivo Real Estate Group Inc
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Investment Insights
Based on property information with market context.
This one-story office building contains 1,739 square feet on a 4,463-square-foot corner lot. The property appraiser records two building sections: 1,036 square feet dating to 1935 and 703 square feet dating to 1950. The grounds are landscaped, and monument signage stands at the intersection. The site is zoned T6-8-O under Miami 21.
Located at NW 22nd Avenue and NW 2nd Street in Miami’s Little Havana, the property has frontage along both streets. The adjoining parcels at 151 NW 22nd Ave and 2170-2172 NW 2nd St share the same ownership and are also for sale, offering an option to acquire the corner property on its own or with the neighboring sites. Zoning, permitted uses, and development potential should be confirmed with the City of Miami.
Located at NW 22nd Avenue and NW 2nd Street in Miami’s Little Havana, the property has frontage along both streets. The adjoining parcels at 151 NW 22nd Ave and 2170-2172 NW 2nd St share the same ownership and are also for sale, offering an option to acquire the corner property on its own or with the neighboring sites. Zoning, permitted uses, and development potential should be confirmed with the City of Miami.
Key Highlights
- 1,739‑square‑foot, one‑story office building on a 4,463‑square‑foot corner lot
- Two recorded building sections: 1,036 square feet built in 1935 and 703 square feet built in 1950
- T6‑8‑O zoning under Miami 21
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,888
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,760
$997.8K
Cap Rate 7%
$712,686
$712.7K
Cap Rate 9%
$554,311
$554.3K
Market Conditions
NOI Build-Up for 1,739 SF
Gross rent
$78.3K $45.00/SF
− Vacancy
−$11.7K −$6.75/SF
EGI
$66.5K $38.25/SF
− OpEx
−$16.6K −$9.56/SF
NOI
$49.9K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,760
Cap Rate 7%
$712,686
Cap Rate 9%
$554,311
Alternative Uses
Best Use
Office B
$712.7K
$623.6K – $831.5K
NOI $49,888 @ 7.0% cap · market cap 4.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.17M
$1.03M – $1.37M
NOI $82,169 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,342
Businesses Nearby
Explore this area
Business Placement
Demographics for 33135, FL
36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Miami, FL
Properties on Market for Office buildings in Miami
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office building - A one-story office property occupies a landscaped corner site with frontage on two streets.
Where is this office building located?
The property is located at 2190 NW 2ND ST Miami, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1,739‑square‑foot, one‑story office building on a 4,463‑square‑foot corner lot; Two recorded building sections: 1,036 square feet built in 1935 and 703 square feet built in 1950; T6‑8‑O zoning under Miami 21
