275 NE 18th Street CU02-CU10, Miami, FL 33132 (MLS# A12034348)

275 NE 18th Street CU02-CU10, Miami, FL 33132

$19,900,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12034348

Property Type: Commercial Sale Square Footage: 20,000 Status: Active

Current Price: $19,900,000 List Date: 6/11/2026 Last Modified: 10/31/2026

Overview

Description

Exceptional 18,781 SF Class A retail portfolio in Miami's Edgewater neighborhood. 100% occupied with a diverse, credit-worthy tenant mix anchored by JP Morgan Chase and positioned adjacent to Publix.• New Pricing: $19,900,000 (5.17% Current Cap Rate / 5.56% 10-Yr Average).• Seller Financing: Highly attractive terms available up to $9M at 6.5% Interest-Only (5-7 year term), drastically maximizing Cash-on-Cash returns. Sale includes 36 excess parking spaces located inside the residential tower. These spaces can be sold off individually to condo residents (current market value $35K-$55K/each) for an immediate return of capital, without affecting the dedicated retail parking on the ground floor and rear exclusive-use lots. Positioned on Biscayne Blvd with superior visibility. Over 10,000 residential units within a 1-mile radius provide a substantial built-in customer base. Turnkey, income-producing trophy asset ideal for 1031 Exchange buyers seeking dependable cash flow and aggressive ... (Read more)

Listing Details MLS# A12034348

General Property Information

Number Of Buildings: Yes
Property Sub Type: Retail
Occupant Type: Tenant
Building Area Main: 20000
Parking Total: 36
Lot Size Area: 51178
Lot Size Acres: 1.36
Stories Total: Yes

Property Features

Building Features: Exterior Lighting; Private Restroom(s) Business Type: Retail Documents Available: Bylaws & Documents; Copy Of Lease(s); Other Available Information Electric: 110 Volts; 220 Volts Flooring: Concrete Heating: Central Individual Location of Property: City Location; Corner Lot; Inside Location Parking Features: Assigned; Common; Covered Possession: Close Of Escrow; Negotiable Source Of Expenses: Books; Owner Provided Tenant Pays: Electricity; Inside Insurance; Insurance; Interior Electric; Interior Maintenance; Maintenance; Sign(s); Water Construction Materials: Block Cooling: Central Individual Listing Terms: 1031 Exchange; Cash; Conventional; Cryptocurrency Road Frontage Type: City Street Traffic Type: Pedestrian; Heavy Roof: Concrete Security Features: Fire Alarm; Fire Sprinkler System; Security Lights; Security System; Smoke Detector(s) Sewer: Public Sewer Structure Type: Office; Retail Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 22000000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 275
Street Direction Prefix: NE
Street Name: 18th
Street Suffix: Street
Unit Number: CU02-CU10
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33132
Postal Code +4: 1117
Area: 2320
Parcel Number: 0132310590001
Subdivision Number: 59
Zoning: 6402
Flood Zone: AE,X

Financial Information

Tax Legal Description: 1800 BISCAYNE PLAZA CONDO BISC FEDL PLAZA 1ST ADDN PB 116-7 TR B & PORT OF LOT 7 & LOTS 10 THRU 12 OF MIRAMAR PB 5-4 AS DESC IN DEC OR 23981

Status Change Information

Major Change Timestamp: 2026-10-29T19:31:59Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-29T19:31:59Z
Status Change Date: 2026-06-11

More Information

Building and Property Details

# Of Offices: 12
# Of Tenants: 12
# Of Toilets: 10
% Air Conditioned: 100
Door Height: 0-8'
Improvement Height: 1 Story

Distance To Information

Miles to Beach: 4

Meter Information

Number Of Meters Total: 11

Income and Expenses

Occupancy Percentage: 100

Price Calculations

Current Price To SqFt: 995

Section Details

Parcel Number MLX: 0001

Originating Details

Originating System Key: 510225773
Originating System ID: M00000151

Listing Office: Xfera Realty Group, LLC.

Last Updated: October - 31 - 2026

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