List Search

150 SE 2nd Ave
Miami, FL 33131 City Center Miami

$2,500,000 USD

Office Residential Condo For Sale  •  3,492 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 140,000 SF
  • Lot Size 0.11 AC
  • Building Class B
  • Year Built 1965
  • Tenancy Multiple
  • Zoning T6-80-O-URBAN CORE ZONE
100 Transit Score
90 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 103 Retail 3,492 SF $2,500,000 USD
  • Unit Size: 3,492 SF
  • Condo Use: Retail
  • Price: $2,500,000 USD
  • Sale Type: Investment
  • Price/SF: $715.92 USD
Description
150 SE 2nd Ave, Suite 103, is a 3,492 SF ground-floor retail condo unit located in the prestigious Chase Building in Downtown Miami. This high-visibility space is currently leased to the United States Postal Service (USPS) and an additional storage tenant, offering stable cash flow and long-term investment security.
The unit consists of 2,000 SF of prime retail space occupied by USPS under a partial NNN lease, featuring 8% rent escalations at each 5-year renewal period. The remaining 1,492 SF is leased as storage, generating $2,500 per month ($30,000 annually).As one of only four retail spaces in the Chase Building, this unit benefits from direct street-level access on SE 2nd Ave, heavy foot traffic, and a prime location surrounded by luxury residential towers, corporate offices, and high-end retail. USPS, as a federally backed tenant, ensures long-term stability, while the additional storage lease provides passive income with future value-add potential.

Sale Notes
This is a rare opportunity to own a high-demand asset in one of Miami’s most dynamic commercial districts.

Description 

Synergy Realty Advisors proudly presents 150 SE 2nd Ave, Miami, FL, Suite 103, a premier retail investment opportunity in the prestigious Chase Building in Downtown Miami. This 3,492 SF high-visibility property is leased by the United States Postal Service (USPS), a federally backed tenant, ensuring stable cash flow and long-term security for investors.USPS occupies 2,000 SF under a NNN lease, with an 8% rent increase at the start of each 5-year renewal period, reinforcing strong rental growth. The remaining 1,492 SF is leased as storage, generating additional passive income. One of only four retail spaces on the first floor of the Chase Building, this property benefits from heavy foot traffic, high-density residential and commercial development, and immediate access to major transit hubs. With its prime location, government-backed tenant, and built-in rent escalations, this asset represents a low-risk, high-demand investment opportunity in one of the nation’s fastest-growing markets.

Highlights

USPS- NNNN Leased Retail Storefront – Secure, long-term income from a federally backed tenant, ensuring low investment risk.
Prime Downtown Miami Location – Located in the prestigious Chase Building, surrounded by high-end retail, corporate offices, and luxury residences.
Rent Increase - with 8% rent escalations at each 5- year renewal period
Partial NNN Lease Structure – Tenant covers property taxes, insurance, CAM, maintenance, and utilities, reducing landlord expenses.
Additional Income Potential – 1,492 SF leased storage space generates $2,500/month ($30,000 annually), with an opportunity to convert into higher-rent
Cap rate set to skyrocket! Net income rising from $83,963.76 to $108,963.80 by December 2025—a 29.7% increase! Secure your investment now!

Property Flyers

Amenities

  • 24 Hour Access
  • Controlled Access
  • Reception
  • Natural Light
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Government Center (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover), Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 2 min 10 min 0.6 mi
Miami (Mainline - Brightline) 2 min 15 min 0.8 mi
Transit/SubwayDriveWalkDistance
Knight Center (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) 0 min 2 min 0.1 mi
First Street (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) 1 min 4 min 0.2 mi
Miami Avenue (Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover)) 1 min 4 min 0.2 mi
Bayfront Park (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) 1 min 4 min 0.2 mi
Riverwalk (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover)) 1 min 4 min 0.3 mi
AirportDriveWalkDistance
Miami International 22 min - 11.9 mi
Fort Lauderdale/Hollywood International 33 min - 23.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Giovanni Vasquez 786-202-3303 Synergy Realty Advisors LLC
Giovanni Vasquez 786-202-3303 Synergy Realty Advisors LLC