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150 SE 2nd Ave
Miami, FL 33131

$745,000 USD

Office Residential Condo For Sale  •  1,600 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 1,600 SF
  • Lot Size 0.11 AC
  • Building Class A
  • Year Built 1965
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning 6401
100 Transit Score
99 Walk Score

1 Unit Available

Name Condo Use Size Price Details
9th Floor - Unit 901-902 Office 1,600 SF $745,000 USD
  • Unit Size: 1,600 SF
  • Condo Use: Office
  • Price: $745,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $465.63 USD
Description
FOR INVESTOR LOOKING FOR 7% CAP RATE. OFFICE IS RENTED AS OF 10/03/2024 FOR 24 MONTHS. PREMIUM CLASS 'A' DOUBLE OFFICE IN THE STRATEGICALLY LOCATED CHASE BANK BUILDING, ENCOMPASSING 1600+ SF. OFFICE RENOVATED IN 2021, HIGH-END DESIGN THROUGHOUT. THE SPACE ACCOMMODATES UP TO 15 EMPLOYEES, OFFERING TWO (2) PRIVATE OFFICES, TWO (2) LARGE WORKING AREAS/CONFERENCE ROOMS, 4 BAYS, KITCHEN & LOBBY LOUNGE. HOA INCLUDES DAILY CLEANING, ELECTRICITY & A/C. THE BUILDING, DESIGNED BY FAMOUS ARCHITECT MORRIS LAPIDUS, FEATURES ON-SITE MANAGEMENT AND PROVIDES VALET PARKING FOR GUESTS. IT HOUSES TOP-TIER SERVICE COMPANIES, INCLUDING FINANCIAL, LEGAL, ACCOUNTING & REAL ESTATE FIRMS. THE BUILDING HAS UNDERGONE AN EXTENSIVE RENOVATION, INCLUDING ALL COMMON AREAS. BEST LOCATION IN DOWNTOWN MIAMI, ACROSS THE STREET FROM THE NEW WHOLEFOODS MARKET, SECOND TO NONE IN TERMS OF ACCESSIBILITY WITH TWO I-95 ENTRANCES.

Description 

PREMIUM CLASS 'A' DOUBLE OFFICE IN THE STRATEGICALLY LOCATED CHASE BANK BUILDING, ENCOMPASSING 1323+ SF. HIGH-END DESIGN THROUGHOUT, THE SPACE ACCOMMODATES UP TO 15 EMPLOYEES, OFFERING TWO (2) PRIVATE OFFICES, TWO (2) LARGE WORKING AREAS/CONFERENCE ROOMS, 4 BAYS, KITCHEN & LOBBY LOUNGE. HOA INCLUDES DAILY CLEANING, ELECTRICITY & A/C. THE BUILDING, DESIGNED BY FAMOUS ARCHITECT MORRIS LAPIDUS, FEATURES ON-SITE MANAGEMENT AND PROVIDES VALET PARKING FOR GUESTS. IT HOUSES TOP-TIER SERVICE COMPANIES, INCLUDING FINANCIAL, LEGAL, ACCOUNTING & REAL ESTATE FIRMS. THE BUILDING HAS UNDERGONE AN EXTENSIVE RENOVATION, INCLUDING ALL COMMON AREAS. BEST LOCATION IN DOWNTOWN MIAMI, ACCROSS THE STREET FROM THE NEW WHOLEFOODS MARKET, SECOND TO NONE IN TERMS OF ACCESSIBILITY WITH TWO I-95 ENTRANCES.

Highlights

Bay view
High-end design
Lots of natural light

Financial Summary

Cap Rate: 7.00 %
Total Expenses: $2,569 USD

Major Tenants

Tenant SF Occupied Lease End Date
Chase Bank

Amenities

  • 24 Hour Access
  • Controlled Access
  • Reception
  • Natural Light
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Government Center (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover), Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 2 min 10 min 0.6 mi
Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 2 min 17 min 0.9 mi
Transit/SubwayDriveWalkDistance
Knight Center (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) 0 min 2 min 0.1 mi
First Street (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) 1 min 4 min 0.2 mi
Miami Avenue (Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover)) 1 min 4 min 0.2 mi
Bayfront Park (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) 1 min 4 min 0.2 mi
Riverwalk (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover)) 1 min 4 min 0.3 mi
AirportDriveWalkDistance
Miami International 22 min - 11.9 mi
Fort Lauderdale/Hollywood International 33 min - 23.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Nathalie Azoubel 305-878-4542 Houselab
Nathalie Azoubel 305-878-4542 Houselab