150 SE 2nd Avenue 103, Miami, FL 33131

$2,500,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11724448

Property Type: Commercial Sale Square Footage: 3,492 Status: Active

Current Price: $2,500,000 List Date: 2/02/2025 Last Modified: 7/19/2026

Overview

Description

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.

Listing Details MLS# A11724448

General Property Information

Number Of Buildings: Yes
Property Sub Type: Retail
Occupant Type: Call Listing Agent
Building Area Main: 3492
Year Built: 1967
Lot Size Area: 4792
Lot Size Acres: 0.11
Stories Total: Yes

Property Features

Business Type: Retail Possession: Close Of Escrow Construction Materials: CBS Listing Terms: Cash; Conventional Structure Type: Retail

Contract Information

Comp Sale YN: No
Original List Price: 2500000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 150
Street Direction Prefix: SE
Street Name: 2nd
Street Suffix: Avenue
Unit Number: 103
City Name: Miami
State Or Province: FL
Postal Code: 33131
Postal Code +4: 1515
Area: 2410
Parcel Number: 0141381590320
Subdivision Number: 159
Zoning: 6401
Flood Zone: X
Property Description: The Chase bank building is a c

Financial Information

Tax Annual Amount: 29190
Tax Legal Description: BH 150 CONDO UNIT 103 UNDIV 3.163% INT IN COMMON ELEMENTS OFF REC 29049-2228

Status Change Information

Major Change Timestamp: 2025-02-02T01:11:30Z
Major Change Type: New Listing
Status Change Date: 2025-02-01

More Information

Meter Information

Number Of Meters Total: Yes

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Gross Scheduled Income: 113000
Insurance Expense: 900
Net Operating Income: 107536
Real Estate Taxes: 12960
Total Expenses: 900
Vacancy Allowance Rate: 0

Price Calculations

Current Price To SqFt: 715.92

Section Details

Parcel Number MLX: 0320

Originating Details

Originating System Key: 405644169
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Structure Type

Retail: Yes

Possession

Close Of Escrow: Yes

Business Type

Retail: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Listing Office: Synergy Realty Advisors

Last Updated: July - 19 - 2026

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150 SE 2nd Avenue 103, Miami, FL 33131 (MLS# A11724448)