CENTURY 21 Edge
Special Purpose

Commercial Sale · Special Purpose

$14,000,00020,000 sq ft$700 /sq ft

275 NE 18th St # 1, FL 33132, FL, 33132

Active55 days on marketListed Jun 13, 2026MLS #A12036639

About this property

The property at a glance

Rare opportunity: Sale of 1 retail unit PLUS Transferable Development Rights (TDRs) in Miami's thriving Edgewater. This 1,707 SF Class A retail space (CU-01) at 1800 Biscayne Plaza includes exceptional development components: a surface parking lot on NE 2nd Court, storage areas, plus exclusive TDRs, air rights, density rights, and Floor Area Ratio (FAR) entitlements. Strategically positioned on Biscayne Boulevard with premium visibility and accessibility. Buyer gains exclusive control over partial condominium termination, enabling redevelopment of surface parking parcels and limited common elements exclusively assigned to CU-01. This unique offering combines immediate retail income with transformational development upside—ideal for developers pursuing land assembly opportunities or sophisticated investors seeking value-add strategies in one of South Florida's hottest growth corridors. Turnkey retail with game-changing redevelopment potential.

20,000

Building sq ft

$700

Price / sq ft

57,178

Lot sq ft

1

Building

Special Purpose

Property type

Building size20,000 sq ft
Lot size57,178 sq ft
Buildings1
Business typeRetail Space
ParkingAssigned · Common · Covered
ConstructionConcrete Block Construction · CBS Construction

The numbers

Investment snapshot

NNN

Lease structure

4 To 6 Year Lease

Lease term

Estimated payment (illustrative)

Down payment25% · $3,500,000
Interest rate6.00%
Loan term

Estimated payment

$75,946/mo

Principal & interest$62,953
Est. property taxes$12,833
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. Estimates only — taxes at 1.1%/yr and typical insurance; 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 John to connect you with a commercial lender for real numbers.

Your team

The pros in your corner

John Carpenter

Your agent

John Carpenter

CFO/Broker · CENTURY 21 Edge

Tours, offers, and every question about 275 NE 18th St # 1 — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 275 NE 18th St # 1.

See it in person

Schedule a tour

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

Listing courtesy of Xfera Realty Group, LLC. · Oreste Leccese Guerrero. MLS #A12036639.

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®.

CENTURY 21 Edge
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275 NE 18th St # 1, FL 33132, FL — $14,000,000 | CENTURY 21 Edge