275 NE 18th Street cu1 thru cu11, Miami, FL 33132

$15,450,000
Property Type: Commercial Sale Status: Closed
Current Price: $15,450,000 List Date: 1/28/2019 Last Modified: 12/24/2025

Overview

Description

Class A Retail strip in Edgewater on Biscayne Blvd. that has 11 spaces with over 20,000 SF leasable. The property is anchored by a Chase Bank, next to Publix supermarket and 3 blocks from Adrienne Arsht Center. There are over 10,000 residential units within a 1 mile radius in one of Miami’s fastest growing condo communities. Potential value add opportunities available upon request.

Listing Details MLS# A10613294

General Property Information

Property Sub Type
Office
Occupant Type
Tenant
Parking Total
30
Leasable Area
20027

Property Features

Column Span: Unknown Electric: 110 Volts Heating: Central Building Location of Property: Anchored Center; City Location Parking Features: Assigned; Common; Covered Possession: Negotiable Sale Includes: Leases; Other Construction Materials: Block Cooling: Central Individual Listing Terms: Cash; Other Road Frontage Type: City Street Security Features: Other Sewer: Public Sewer Contingencies: None Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
16900000

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
cu1 thru cu11
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 Year
2018
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 D

Status Change Information

Major Change Timestamp
2020-03-11T05:55:12Z
Major Change Type
Status Change
Status Change Date
2020-03-13
Under Contract Date
2019-12-10
Close Date
2020-03-11
Close Price
15450000
Buyer Financing
Conventional

More Information

Building and Property Details

# Of Bays
11
# Of Loading Docks
Yes
# Of Offices
11
Door Height
0-8'
Improvement Height
10-25 Stories
Interior Ceiling Height
15
Maximum Ceiling Height
15

Income and Expenses

Gross Income
1006033
Net Operating Income
810303

Buyer Details

Intended Use
Investment

Concessions

Seller Concessions
No

Section Details

Parcel Number MLX
0001

Originating Details

Originating System Key
312010835
Originating System ID
M00000151
IDX
Listing Office: Global Investments Realty
Last Updated: December - 24 - 2025
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