275 NE 18th St # CU02-CU10, Miami, FL 33132

About This Home

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.

Property Details

Flooring

Concrete

Heating

Central Individual A/C

Cooling

Central Individual A/C

Parking Features

Assigned, Common, Covered

Building & Association

Building Name

1800 Biscayne Plaza

Stories

1

Stories Total

1

Association

No

Security Features

Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Security Lights, Security System

Lot & Construction

Lot Features

City Location, Corner Lot, Inside Location

Lot Size Square Feet

51,178

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Concrete

New Construction

No

Public Records

Parcel Number

01-32-31-059-0001

Zoning

6402

County Or Parish

Miami-Dade County

Location