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119 Grand Ave 3,788 SF 100% Leased Office Building Miami, FL 33133 $1,950,000 ($514.78/SF) 4% Cap Rate
Investment Highlights
- Located between Coconut Grove and Coral Gables
- Charming historic buildings
- Frontage on Grand Avenue
Executive Summary
Two (2) Buildings For Sale:
117 Grand Avenue: Single story ground floor retail office building (2000 SF) fronting Grand Avenue. Leased until 12/31/2028 with gross rent starting at $7500 and increasing to $8250 monthly.
119 Grand Avenue: Two story vacant building (2000 SF) at rear of property. Ready for renovation with approved permits for office building
117 Grand Avenue: Single story ground floor retail office building (2000 SF) fronting Grand Avenue. Leased until 12/31/2028 with gross rent starting at $7500 and increasing to $8250 monthly.
119 Grand Avenue: Two story vacant building (2000 SF) at rear of property. Ready for renovation with approved permits for office building
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
3,788 SF
Building Class
C
Year Built/Renovated
1925/2000
Price
$1,950,000
Price Per SF
$514.78
Cap Rate
4%
NOI
$78,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,788 SF
Building FAR
0.76
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
MX1 - Mixed Use
Amenities
- Bus Line
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- The Green Standard
- Construction
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| The Green Standard | Construction | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 03-4120-006-0910 | Total Assessment | $270,757 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
03-4120-006-0910
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$270,757 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Map
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Presented by
Luis Properties
119 Grand Ave
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