2223 Sw 13Th Ave Miami, FL 33145
Fully leased commercial property in Coral Way corridor with stable income.
Property Features for 2223 Sw 13Th Ave
General Information
- Standard status
- Active
Source:
Exprealty
Listing Agency: fi real estate brokerage llc Listing Agent: Filippo Incorvaia
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Miami Commercial Investment Opportunity
Located in Miami's Coral Way corridor, this commercial property at 2223 SW 13th Ave offers a fully leased, income-generating investment opportunity. The property features 4,912 square feet of leasable space and is zoned T6-8-0. Currently, the property is occupied by two long-term tenants who cover all operating expenses. The building layout allows for future subdivision to accommodate up to four tenants. The property is located minutes from Brickell, Downtown Miami, Coral Gables, Coconut Grove, and Miami International Airport. Capital improvements include a new roof installed in 2016, impact windows installed in 2022, and a newly installed grease trap in 2022. The property has passed its Re-Certification. The property has a 7% Cap Rate and generates over $233,000 in annual net income. Both tenants have annual 4.5% rent increases built into their leases.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Jennifer Hadley Photography
Wedding Photographer
Inesta A Inesta, DPM
Podiatrist
Med-Source Pharmacy Services ...
Pharmacy
Go RIGO Go ...
General Store
Dr. Flavia Inesta
Podiatrist
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.21604
- Latitude
- 25.750456
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FAQs
What type of property is this?
Individual retail property - Fully leased commercial property in Coral Way corridor with stable income.
Where is this individual retail property located?
The property is located at 2223 Sw 13Th Ave Miami, FL.
What is the asking price?
The asking price for this property is $3,349,000.
What are key features of this property?
This property features: - Real 7% Cap Rate and over $233,000 in annual net income, providing strong, consistent cash flow.; - Fully leased with long-term tenants who cover all operating expenses, ensuring a stable, hands-off investment.; - Prime location in Miami’s Coral Way corridor, minutes from Brickell, Downtown Miami, Coral Gables, Coconut Grove, and Miami International Airport.