Commercial Sale · Retail
150 SE 2nd Ave # 103, Miami FL 33131, MIAMI, FL, 33131
Active558 days on marketListed Feb 1, 2025MLS #A11724448
About this property
The property at a glance
Presenting 150 SE 2nd Ave, Suite 103, a prime retail investment in Downtown Miami's prestigious Chase Building. This 3,492 SF high-visibility property is leased by USPS, a federally backed tenant, ensuring stable cash flow and long-term security. USPS occupies 2,000 SF under a partial NNN lease with an 8% rent increase at each 5-year renewal. The remaining 1,492 SF is leased as storage to different tenants of the building, generating additional income. One of only four retail spaces on the first floor, the property benefits from heavy foot traffic, dense commercial and residential growth, and proximity to major transit hubs. With a secure tenant, prime location, and rent escalations, this is a high-demand, low-risk investment in one of Miami’s fastest-growing markets.
3,492
Building sq ft
$716
Price / sq ft
4,792
Lot sq ft
1967
Year built
1
Building
6401
Zoning
Retail
Property type
The numbers
Investment snapshot
4.3%
Cap rate
$107,536
Net operating income
Estimated payment (illustrative)
Estimated payment
$13,834/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Tyler to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
24,316
Population
$108,427
Median income
38
Median age
2
Avg household
$557,583
Median home value
$2,619/mo
Median rent
1,166
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
Recent sales
What actually sold near 150 SE 2nd Ave # 103
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$50
3438 N Miami Ave, Miami FL 33127
Sold Oct 13, 2025
$2,110,000
1707 SW 5th St, Miami FL 33136
Sold Apr 4, 2025
$138,450
2770 SW 27th Ave, Miami FL 33133
Sold Oct 1, 2024
Your team
The pros in your corner
Your agent
Tyler Stoddard
REALTOR · CENTURY 21 Edge
Tours, offers, and every question about 150 SE 2nd Ave # 103 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 150 SE 2nd Ave # 103.
See it in person
Schedule a tour
Live availability from Tyler's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Synergy Realty Advisors · Giovanni Vasquez. MLS #A11724448.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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