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Multi-Unit Retail Space with Development Rights
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275 NE 18th St #CU1-CU11, Miami, FL 33132

Fully leased retail asset with 11 units, a surface lot, and transferable development rights.

Property Size18,781 SF
Price / SF$1,916
Days on Market142

Property Features for 275 NE 18th St #CU1-CU11

General Information

Standard status Active
Size 18,781 SF
Total Parking Spaces 36
Property subtype Retail, Office
Occupancy 100%

Site & Location

Corner Location Yes
Anchor Co-Tenants Chase Bank

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Xfera Realty Group, LLC.
Listed By: Oreste Leccese · License #3392288
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 12:29PM

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 Xfera Realty Group, LLC.

Investment Insights

Based on property information with market context.

This Miami retail property contains 11 units totaling 18,781 SF and is fully leased. The commercial component includes a surface parking lot and is anchored by Chase Bank, with Publix adjacent to the property.

The offering also includes transferable development rights, air rights, density rights, and FAR entitlements. Partial condominium termination rights are included, providing additional flexibility for future redevelopment planning. The property is located at 275 NE 18th St in Miami, Florida.

Key Highlights

  • 18,781 SF retail property comprising 11 units
  • Fully leased commercial component anchored by Chase Bank
  • Transferable Development Rights included with the offering

Property Analytics

Current Use

SUSHI CLUB 305 Restaurant Pizza Pazza Restaurant Ion East Edgewater ... Apartment Complex The Miami Bike Shop (Bike/Boat/Book/etc) Store Graciela Maria Zanotti ... Law Firm

Suggested Use

Top Pick Butcher Nursing Home (Bike/Boat/Book/etc) Store Buffet Tanning Salon Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,551
Businesses Nearby

Demographics for 33132, FL

18,159
Population
12,725
Households
1.4
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
12,106
Density / Sq Mi
$109,505
Median Household Income
$71,509
Median Earnings
$2,534
Median Rent
$545,100
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully leased retail asset with 11 units, a surface lot, and transferable development rights.
Where is this retail space located?
The property is located at 275 NE 18th St #CU1-CU11 Miami, FL.
What is the asking price?
The asking price for this property is $36,000,000.
What are key features of this property?
This property features: 18,781 SF retail property comprising 11 units; Fully leased commercial component anchored by Chase Bank; Transferable Development Rights included with the offering
(305) 928-4955 Call to check price and availability
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