Property profile

17 2Nd Ave Miami, FL 33131

OFF-MARKET
Retail properties & Spaces
Built 1927
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 1927

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electronics & Wireless Store Computer & Electronic Repair

Location

17 2Nd Ave Miami, FL 33131
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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