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$3,300,000
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Property Description
Presenting a prime commercial investment at 2223 SW 13th Ave in the heart of Miami's vibrant Coral Way corridor. This fully leased, income-generating property offers 4,912 SF of leasable space zoned T6-8-0, currently occupied by two long-term tenants who cover all operating expenses-ensuring a stable, hands-off investment. The building layout allows for future subdivision to accommodate up to four tenants, creating flexibility and added upside for the next owner. Strategically positioned just minutes from Brickell, Downtown Miami, Coral Gables, Coconut Grove, and Miami International Airport, this location is highly attractive to businesses seeking central access and visibility. Recent capital improvements include a new roof (2016), impact windows (2022), and a newly installed grease trap (2022). The property has also passed its Re-Certification, offering added peace of mind. With a real 6.4% Cap Rate and over $233,000 in annual net income, this asset delivers strong, consistent cash flow. Additionally, both tenants have annual 4.5% rent increases built into their leases, enhancing future returns. Whether you're a seasoned investor or looking to expand your Miami portfolio, this turnkey property combines location, stability, and long-term growth potential. Don't miss this rare opportunity in one of the city's most desirable commercial zones.
Full Property Details
Full Property Details for 2223 SW 13th Ave
General
- Sold For: $3,300,000
- Taxes: $16,469
- Status: Closed
- Type: Commercial Multi-Family
- Source: Greater_Miami
- MLS ID: A11917860
- Added to Site: 209 day(s) ago
Business
- Business Type: Commercial/Residential Income, Retail Space
Interior
- Flooring: Concrete
Additional Information
- Security/Safety: Other Fire Protection, Security Fence, Security System
Parking
- Parking Features: None, Off Site, Other
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 2
Utilities
- Electric Available: Yes
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Other
- Stories/Levels: 2
- Building Size: 4912
- Current Bldg. Use: Retail
- Year Built: 1988
Unit Information
- Units in Complex: 2
Lot Features
- Lot Size (Sq. Ft.): 3,068
- Frontage Feet: 120
- Lot Features: City Location, Corner Lot
- Potential Use: Unknown/Withheld
- Zoning: 6100
Financial Considerations
- Tax Amount: $16,469
- Terms: All Cash, Conventional/Refinance, Cryptocurrency
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: EAST SHENANDOAH PB 14-55 LOT 12 BLK 61 LOT SIZE 3068 SQUARE FEET COC 22084-4088 02 2004 1
- Inclusions: Building & Land, Leases
- Property ID: 01-41-39-007-2780
Listed by FI Real Estate Brokerage LLC
Sold by Compass Florida, LLC
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Schools
Schools serving 2223 SW 13th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Coral Way K-8 Center 1950 Southwest 13th Avenue, Miami, FL 33145 | PK-5 | 0.2 mi |
Shenandoah Middle School 1950 Southwest 19th Street, Miami, FL 33145 | 6-8 | 0.7 mi |
Miami Senior High School 2450 Southwest 1st Street, Miami, FL 33135 | 9-12 | 1.9 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 2223 SW 13th Ave
Date
Details
Price
Change
Source
6/08/2026
Sold
$3,300,000
-9.56%
MLS
2/24/2026
Price Increased
$3,649,000
8.96%
MLS
1/05/2026
Price Reduced
$3,349,000
-4.31%
MLS
12/09/2025
Listed
$3,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2223 SW 13th Ave, Miami, FL 33145 (MLS# A11917860) is a Commercial Multi-Family property that was sold at $3,300,000 on June 08, 2026. Want to learn more about 2223 SW 13th Ave? 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.

