2223 SW 13th Ave - Storefront Retail/Office FOR SALE


Miami, FL 33145- Coral Way
$3,500,000 USD
646-662-8504
2223 SW 13th Ave, Miami, FL for Sale
$3,500,000 USD
Storefront Retail/Office - FOR SALE
1/31
null | 6.67% Cap Rate

2223 SW 13th Ave
Miami, FL 33145
Coral Way


HIGHLIGHTS

  • Fully Leased
  • Easy to manage
  • Great Location
  • Long term leases

OVERVIEW

Presenting a prime commercial investment at 2223 SW 13th Ave in the heart of Miami’s vibrant Coral Way corridor. This fully leased, income-generating property offers 4,912 SF of leasable space zoned T6-8-0, currently occupied by two long-term tenants who cover all operating expenses—ensuring a stable, hands-off investment. The building layout allows for future subdivision to accommodate up to four tenants, creating flexibility and added upside for the next owner. Strategically positioned just minutes from Brickell, Downtown Miami, Coral Gables, Coconut Grove, and Miami International Airport, this location is highly attractive to businesses seeking central access and visibility. Recent capital improvements include a new roof (2016), impact windows (2022), and a newly installed grease trap (2022). The property has also passed its Re-Certification, offering added peace of mind. With a real 6.67% Cap Rate and over $233,000 in annual net income, this asset delivers strong, consistent cash flow. Additionally, both tenants have annual 4.5% rent increases built into their leases, enhancing future returns. Whether you’re a seasoned investor or looking to expand your Miami portfolio, this turnkey property combines location, stability, and long-term growth potential. Don’t miss this rare opportunity in one of the city’s most desirable commercial zones.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$713 USD /SF

CAP RATE

6.67%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

T6-8-O

APN/PARCEL ID

01-4139-007-2780

ASK ABOUT THIS PROPERTY

Filippo IncorvaiaFI Real Estate Brokerage, LLCMore Info
646-662-8504

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Filippo IncorvaiaFI Real Estate Brokerage, LLCMore Info
646-662-8504

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