CENTURY 21 Edge
Income/MultiFamily

Commercial Sale · Income/MultiFamily

$7,600,000$8,150,00017,154 sq ft$443 /sq ft5.4% cap

200 Azure Way, Miami Springs FL 33166, MIAMI SPRINGS, FL, 33166

Active537 days on marketListed Feb 27, 2025MLS #A11790088

About this property

The property at a glance

INVESTOR Opportunity in Miami Springs. ONLY 30% DOWN. OSCEOLA APARTMENTS-HOTEL or MULTIFAMILY. A historic 2-story V-shaped building featuring 23 apartments arranged around a central, courtyard. Each wing of the V extends is a 2-story building, with additional 1-story building housing 5 studios. OSCEOLA exemplifies the Mission Revival architectural style. Flat roofs & irregular parapets Towers with distinctive openings. Prominent water spouts Mission bell cote motifs Rough-textured stucco finishes. FULL MAJOR RENOVATION in 2014, the exterior maintains its historic 1926 charm. Situated near Golf Course, Miami Inter Airport, & Freedom Park Soccer Village stadium 25,000 seats. it presents an opportunity in PRIME LOCATION. Contact me for OM-T12 and Videos.

17,154

Building sq ft

$443

Price / sq ft

22,900

Lot sq ft

1926

Year built

2

Buildings

3700

Zoning

Income/MultiFamily

Property type

Building size17,154 sq ft
Lot size22,900 sq ft
Year built1926
Buildings2
Zoning3700
Business typeApartments, Residential-Multi-Family
ConstructionConcrete Block Construction
Annual taxes$49,525

The numbers

Investment snapshot

5.4%

Cap rate

$406,894

Net operating income

$517,800

Gross income (yr)

Estimated payment (illustrative)

Down payment25% · $1,900,000
Interest rate6.00%
Loan term

Estimated payment

$38,461/mo

Principal & interest$34,174
Property taxes (actual bill)$4,127
Est. insurance$160

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

10,500vehicles / day · 2025Royal Ponciana Blvd to Hunting Lodge Dr · Traffic count · Florida DOT

What’s nearby

BB&T BankBank0.2 mi
Cozy CornerRestaurant0.2 mi
Papa John'sRestaurant0.2 mi
SiamoRestaurant0.3 mi
Milam's MarketGrocery0.3 mi
StarbucksRestaurant0.3 mi
SubwayRestaurant0.3 mi
China KingRestaurant0.3 mi
Jimmy John'sRestaurant0.4 mi
Hialeah Executive MotelLodging0.5 mi
PublixGrocery0.6 mi
Ace HardwareRetail0.6 mi
Best Western Plus Miami Airport North Hotel & SuitesLodging0.7 mi
Taste of PhillyRestaurant0.7 mi
Pan Am AwareRetail0.7 mi
Universal LiquorsRetail0.7 mi
Extended Stay America - Miami - Airport - Miami SpringsLodging0.7 mi
Sleep Inn Miami AirportLodging0.7 mi
Onyx Hotel Miami AirportLodging0.8 mi
Clarion Inn & Suites Miami International AirportLodging0.8 mi
Chesapeake Motel MiamiLodging0.8 mi
Suvi Thai & Sushi RestaurantRestaurant0.8 mi
Anchor STUDIOS / HOTELLodging0.8 mi
IHOPRestaurant0.8 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

26,925

Population

$78,166

Median income

39.3

Median age

2.54

Avg household

$489,200

Median home value

$1,766/mo

Median rent

2,935

Households w/ kids

Recent sales

What actually sold near 200 Azure Way

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

23 W 13th St, Hialeah FL 33010

$2,000,000

23 W 13th St, Hialeah FL 33010

Sold Nov 1, 2024

231 E 7th St, Hialeah FL 33010

$1,500,000

231 E 7th St, Hialeah FL 33010

Sold Dec 20, 2024

1081 W 29th St, Hialeah FL 33012

$2,800,000

1081 W 29th St, Hialeah FL 33012

Sold Mar 14, 2025

Your team

The pros in your corner

Tyler Stoddard

Your agent

Tyler Stoddard

REALTOR · CENTURY 21 Edge

Tours, offers, and every question about 200 Azure Way — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 200 Azure Way.

See it in person

Schedule a tour

Live availability from Tyler's calendar — pick a time and it's booked.

Listing courtesy of Lokation · Beatriz Acosta-Rubio. MLS #A11790088.

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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