For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

2500 Biscayne Blvd Miami, FL 33137

Sponsored
For Sale
$14,200,000

Prime Miami retail, 100% occupied, high NOI.

Property size:
13,243 SF

Description

Added:
Dec 11, 2024
Days on Market:
394
This exceptional investment opportunity presents 13,243 square feet of premier ground-floor retail space in Miami's vibrant Edgewater District. Located at 2500 Biscayne Boulevard, this double-corner, block-to-block property boasts unparalleled visibility on Biscayne Boulevard, with over 40,000 vehicles passing daily. The property consists of three units, currently 100% occupied by credit-worthy tenants including Mount Sinai, Rice Mediterranean Kitchen, and Amerant Bank, under triple-net (NNN) leases with rent bumps. Built in 2017, this single-story building offers 45 dedicated parking spaces across the ground and second floors, providing convenient access for tenants and patrons. The property benefits from its strategic location, proximate to Downtown Miami, Wynwood, Midtown, and the Design District, and enjoys easy access to Miami Beach via I-195. With a 6.01% cap rate and a net operating income (NOI) of $852,768, this is a compelling investment opportunity in a high-growth area. The asking price is $14,200,000. This property offers a strong, stable income stream with significant upside potential in a dynamic Miami location.

Property Features for 2500 Biscayne Blvd

General Information

Property type
Individual retail properties
Square Feet
13,243 SF

Building Details

Year Built
2017
Stories
1
Units
3

HighLights

  • $14,200,000 asking price for a 13,243 SF, triple‑net (NNN) leased retail storefront.
  • 100% occupancy with three credit tenants (Mount Sinai, Rice Mediterranean Kitchen, and Amerant Bank).
  • 6.01% cap rate with a net operating income (NOI) of $852,768.
  • Located in Miami's Edgewater district at 2500 Biscayne Blvd, a high‑traffic double‑corner location with over 40,000 daily car counts.
  • 45 dedicated parking spaces.
  • Built in 2017 with rent bumps included in the lease agreements.
Property Profile Location Intelligence

Current Use by Public Records

Wynwood Design District ... Lodging Wynwood Bay Apartment Rental Agency Key Basis IV ... Medical Spa Swimwear & Fashion Photography ... Photographer Miami Access Control ... Security System Installation Service

Suggested Use

Law Firm Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Daycare Center Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.1894492
Latitude
25.8015142

FAQs

What type of property is this?
Individual retail property - Prime Miami retail, 100% occupied, high NOI.
Where is this individual retail property located?
The property is located at 2500 Biscayne Blvd Miami, FL.
What is the asking price?
The asking price for this property is $14,200,000.
What are key features of this property?
This property features: $14,200,000 asking price for a 13,243 SF, triple-net (NNN) leased retail storefront.; 100% occupancy with three credit tenants (Mount Sinai, Rice Mediterranean Kitchen, and Amerant Bank).; 6.01% cap rate with a net operating income (NOI) of $852,768.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message