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    17 2Nd Ave Miami, FL 33131

    Sponsored
    For Lease
    $75 SF/Yr

    Historic Corner Space, Flexible Layout

    Lot size:
    14,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail or restaurant opportunity is located in the heart of Downtown Miami's vibrant submarket, within the iconic Ingraham Building at 17 SE 2nd Ave. Built in 1927, this single-tenant space offers a unique blend of historic charm and modern functionality. The ground floor boasts 2,500 square feet of space, featuring impressive 20-foot ceilings and abundant natural light, creating a dynamic and inviting atmosphere. The property's corner location on SE 2nd Ave and a cross street of SE 1st St provides excellent visibility and accessibility. Situated in Miami-Dade County, Florida, zip code 33131, this property is ideally positioned to capitalize on the area's thriving commercial activity. The picturesque lobby of the Ingraham Building adds to the overall appeal, providing a timeless and sophisticated setting for any business. For businesses requiring more space, there's a potential for expansion of up to an additional 12,000 square feet on the second floor, offering significant flexibility to accommodate growth and unique business needs. This rare opportunity presents a chance to establish a presence in one of Miami's most desirable locations within a building rich in history and character. The total space available ranges from 2,500 to 14,500 square feet.

    Property Features for 17 2Nd Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,500 SF

    Building Details

    Year Built
    1927
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    14,500 SF
    Rate per SF
    $75

    HighLights

    • 2,500 SF ground floor retail/restaurant space in the historic Ingraham Building, Downtown Miami.
    • Corner location at SE 2nd Ave & SE 1st St offers excellent visibility.
    • High ceilings (20 ft) and abundant natural light.
    • Potential for expansion up to 14,500 SF total.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fino The Iphone Man Electronics Repair Shop

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1900783
    Latitude
    25.7737406

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    FAQs

    What type of property is this?
    Restaurant - Historic Corner Space, Flexible Layout
    Where is this restaurant located?
    The property is located at 17 2Nd Ave Miami, FL.
    What is the lease rate?
    The lease rate is $75 SF/Yr.
    What are key features of this property?
    This property features: 2,500 SF ground floor retail/restaurant space in the historic Ingraham Building, Downtown Miami.; Corner location at SE 2nd Ave & SE 1st St offers excellent visibility.; High ceilings (20 ft) and abundant natural light.
    Request Owner's contact information
    17 2Nd Ave Miami, FL 33131
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    Miami, FL 33131
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17 2Nd Ave Miami, FL 33131
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