275 NE 18th Street Unit CU02-CU10, Miami, FL 33132

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List Price
$19,900,000
Status
ACTIVE
Days on Market
149
Price Change
▼ $1,099,999 1793320057
MLS#
A12034348
Subtype
Commercial Sale
Acres
1.36
MLS Area Major
2320

Property 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.

Additional Information

Zoning
6402
Flooring
Concrete
Heating
Central, Individual
Air Conditioning
Central Air
Exterior Construction
Block
Stories
1
Roof
Concrete
Parking Features
Assigned, Common, Covered

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Listing courtesy of Xfera Realty Group, LLC.. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Oreste Leccese Guerrero | Email: oresterealtor@gmail.com