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275 18th St CU02-CU10, Miami, FL 33132
Offering:
For Sale
Location:
Miami, FL 33132
Status:
Active
$19,900,000
Deemed reliable but not guaranteed.
Details
Lot size:
1.36 acres · 51,178 sq ft
Levels:
One
Stories:
1
Parking:
36 spaces
Days on market:
140
Cumulative days on market:
346
Type:
Retail
MLS ID
A12034348
Virtual tour:
Listed by:
Xfera Realty Group, LLC. (XFER01)
Listing office phone:
305-781-6490
Listing office email:
Listing agent:
Oreste Leccese Guerrero (3392288)
Features
Utilities
Water source:
Public
Sewer:
Public Sewer
Description
Exceptional 18,781 SF Class A retail portfolio in Miami's Edgewater neighborhood. 100% occupied with a diverse, credit-worthy tenant mix anchored by JP Morgan Chase and positioned adjacent to Publix.
• New Pricing: $19,900,000 (5.17% Current Cap Rate / 5.56% 10-Yr Average).
• Seller Financing: Highly attractive terms available up to $9M at 6.5% Interest-Only (5-7 year term), drastically maximizing Cash-on-Cash returns. Sale includes 36 excess parking spaces located inside the residential tower. These spaces can be sold off individually to condo residents (current market value $35K-$55K/each) for an immediate return of capital, without affecting the dedicated retail parking on the ground floor and rear exclusive-use lots. Positioned on Biscayne Blvd with superior visibility. Over 10,000 residential units within a 1-mile radius provide a substantial built-in customer base. Turnkey, income-producing trophy asset ideal for 1031 Exchange buyers seeking dependable cash flow and aggressive seller debt. Contact for full OM and pro forma.
Price history
$22,000,000 → $19,900,000
·
Reduced by
$2,100,000 (9.5%) · 3 price changes
Location
275 NE 18th St CU02-CU10Miami, FL 33132
MLS information
Last updated Oct 29, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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