1186 NW 103rd St - Freestanding FOR SALE


Miami, FL 33150- Pinewood
$2,150,000 USD
305-300-2804
1186 NW 103rd St, Miami, FL for Sale
$2,150,000 USD
Freestanding - FOR SALE
1/17
null | Request Cap Rate

1186 NW 103rd St
Miami, FL 33150
Pinewood


HIGHLIGHTS

  • Fully leased to a restaurant, a marketplace, and two Section 8-approved residential units, providing stable and diverse income streams.
  • Recently renovated with modern finishes, fresh asphalt, upgraded lighting, and a newly painted exterior for turnkey appeal.
  • Situated in a rapidly developing neighborhood surrounded by major franchises and growing commercial activity.
  • Excellent visibility and accessibility make it ideal for both owner-users and investors looking for strategic placement.
  • Upcoming lease expirations provide opportunity to increase rents or repurpose space for higher returns.

OVERVIEW

Located in the heart of Miami, at 103rd St and 12th Ave, this BU-1 zoned property is situated in an up-and-coming, rapidly evolving neighborhood with 30,500 vehicles passing by daily. Surrounded by major franchises and businesses, this mixed-use property offers unparalled visibility and accessibility, making it an ideal investment for both owner-users and investors. Currently, the property is leased to a restaurant, a marketplace, and two residential units above, which are Section 8 approved, ensuring stable rental income. The property has been newly upgraded, featuring modern finishes, fresh asphalt, a newly painted exterior, upgraded lighting, and more. With some leases nearing expiration, this is a perfect opportunity for an owner-user to establish their business in a high-traffic location or for an investor to increase rents and maximize returns. The BU-1 zoning allows for a variety of commercial and residential uses, making this a highly flexible investment with room for growth. Whether you’re looking to capitalize on rising rents, purpose the space, or establish your own business, this property offers endless potential to become a high-yielding cash cow in Miami’s growing market.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$331 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Carmen's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

BU-1, County

APN/PARCEL ID

30-3102-007-0070

ASK ABOUT THIS PROPERTY

Joseph SuarezTrustpoint Realty, LLC.More Info
305-300-2804

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Joseph SuarezTrustpoint Realty, LLC.More Info
305-300-2804

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.