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$2,500,000
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Property 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.
Full Property Details
Full Property Details for 150 SE 2nd Ave #103
General
- Price: $2,500,000
- Taxes: $29,190
- Status: Active
- Type: Commercial Multi-Family
- Source: Greater_Miami
- MLS ID: A11724448
- Updated: 6/27/2025
- Added to Site: 471 day(s) ago
Business
- Business Type: Commercial/Residential Income, Retail Space
Location
- County: Miami-Dade County
- Building Name: 150
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: CBS Construction
- Building Size: 3492
- Current Bldg. Use: Commercial Lease
- Year Built: 1967
Lot Features
- Lot Size (Sq. Ft.): 4,792
- Zoning: 6401
Financial Considerations
- Insurance Fee: $900
- Operating Expenses: $900
- Tax Amount: $29,190
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: BH 150 CONDO UNIT 103 UNDIV 3.163% INT IN COMMON ELEMENTS OFF REC 29049-2228
- Property ID: 01-41-38-159-0320
Listed by Synergy Realty Advisors
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Schools
Schools serving 150 SE 2nd Ave #103
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frederick R. Douglass Elementary School 314 Northwest 12th Street, Miami, FL 33136 | PK-5 | 1.1 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2.4 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 150 SE 2nd Ave #103
Date
Details
Price
Change
Source
2/01/2025
Listed
$2,500,000
72.41%
MLS
4/09/2015
Sold
$1,450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 150 SE 2nd Ave #103
Year
Property Taxes
Change
Tax Assessment
Change
2025
$28,091
-4%
$1,449,180
—
2024
$29,189
6%
$1,449,180
-14%
2023
$27,640
18%
$1,676,160
39%
2021
$23,507
-5%
$1,204,740
-5%
2022
$24,664
-6%
$1,274,580
6%
2021
$26,161
—
$1,204,740
—
2019
$26,281
3%
$1,204,740
1%
2018
$25,424
1%
$1,187,280
—
2017
$25,196
8%
$1,187,280
13%
2016
$23,355
18%
$1,047,600
20%
2015
$19,823
—
$873,120
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 150 SE 2nd Ave #103
150 SE 2nd Ave #103, Miami, FL 33131 (MLS# A11724448) is a Commercial Multi-Family property. 150 SE 2nd Ave #103 is currently listed for $2,500,000 and was received on February 01, 2025. Want to learn more about 150 SE 2nd Ave #103? Do you have questions about finding other Commercial Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

