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Mixed Use Investment 1186 NW 103rd St 6,609 SF Retail Building Miami, FL 33150 $1,900,000 ($287.49/SF)

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INVESTMENT HIGHLIGHTS

  • Recently renovated with modern finishes, fresh asphalt, upgraded lighting, and a newly painted exterior for turnkey appeal.
  • Excellent visibility and accessibility make it ideal for both owner-users and investors looking for strategic placement.
  • 30,000+ Vehicles Per Day on the corner of NW 12 Ave and Nw 103 St
  • Situated in a rapidly developing neighborhood surrounded by major franchises and growing commercial activity.
  • Upcoming lease expirations provide opportunity to increase rents or repurpose space for higher returns.
  • Barbershop, salon, dry cleaner, cafe

EXECUTIVE SUMMARY

Located in the heart of Miami, at 103rd St and 12th Ave, this BU-1 zoned property is situated in an up-and-coming, rapidly evolving neighborhood with 30,500 vehicles passing by daily. Surrounded by major franchises and businesses, this mixed-use property offers unparalled visibility and accessibility, making it an ideal investment for both owner-users and investors.
Currently, the property is leased to a restaurant, a marketplace, and two residential units above, which are Section 8 approved, ensuring stable rental income. The property has been newly upgraded, featuring modern finishes, fresh asphalt, a newly painted exterior, upgraded lighting, and more. With some leases nearing expiration, this is a perfect opportunity for an owner-user to establish their business in a high-traffic location or for an investor to increase rents and maximize returns.
The BU-1 zoning allows for a variety of commercial and residential uses, making this a highly flexible investment with room for growth. Whether you’re looking to capitalize on rising rents, purpose the space, or establish your own business, this property offers endless potential to become a high-yielding cash cow in Miami’s growing market.

ATTACHMENTS

OM

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $180,292 $27.28

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $180,292
Annual Per SF $27.28

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,609 SF
Building Class
C
Year Built
1986
Price
$1,900,000
Price Per SF
$287.49
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.37 AC
Opportunity Zone
Yes
Zoning
BU-1, County - The BU-1 (Neighborhood Business District) zoning in Miami-Dade County is designed to accommodate a variety of retail and service-oriented businesses.
Parking
17 Spaces (2.57 Spaces per 1,000 SF Leased)
Frontage
150’ on NW 103rd St

AMENITIES

  • 24 Hour Access
  • Corner Lot
  • Restaurant
  • Signalized Intersection
  • Smoke Detector

NEARBY MAJOR RETAILERS

Bravo Supermarkets
PNC Bank
Food Giant Supermarket
Key Food

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-3102-007-0070
Land Assessment
$481,740
Improvements Assessment
$390,609
Total Assessment
$872,349
  • Listing ID: 36130421

  • Date on Market: 6/5/2025

  • Last Updated:

  • Address: 1186 NW 103rd St, Miami, FL 33150

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