150 SE 2nd Ave - Chase Building 851 - 9,931 SF Office Condo Units Offered at $345,000 - $715,000 Per Unit in Miami, FL 33131
INVESTMENT HIGHLIGHTS
- Prime downtown Miami location
- High-quality finishes and fixtures
- Modern, well-maintained building
- Nearby public transportation options
EXECUTIVE SUMMARY
FA Commercial is pleased to present this office condo located in the Chase building, nestled in the heart of vibrant Downtown Miami. Prime location where daytime shoppers seamlessly transition into lively evening events. Join a thriving community that offers dynamic shopping, cultural attractions, and electrifying activities. By day, enjoy open-air malls, upscale stores, and boutique jewelry shops, creating an inviting and invigorating atmosphere. As night falls, the American Airlines Arena takes the spotlight, drawing enthusiastic crowds.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $345,000 - $715,000 |
| Unit Size | 851 - 9,931 SF |
| No. Units | 3 |
| Total Building Size | 140,000 SF |
| Property Type | Office |
| Property Subtype | Office/Residential |
| Building Class | A |
| Floors | 14 |
| Typical Floor Size | 1 SF |
| Year Built | 1965 |
| Lot Size | 0.11 AC |
| Zoning | T6-80-O-URBAN CORE ZONE - Commercial Business |
AMENITIES
- 24 Hour Access
- Controlled Access
- Reception
- Natural Light
- Air Conditioning
3 UNITS AVAILABLE
Unit 706
| Unit Size | 1,735 SF |
| Price | $715,000 |
| Price Per SF | $412.10 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
DESCRIPTION
Nestled in the heart of vibrant Downtown Miami, this prime property offers a strategic location next to the iconic Miami Tower. With modern amenities and a contemporary design, this space provides the ideal setting for your business to thrive. Experience urban sophistication and unparalleled access to the city's dynamic business scene at this prestigious address.
SALE NOTES
- Unit 706 available for sale or lease
- Spectacular corner office views of the city
- Prime location in vibrant Downtown Miami
- Spacious and versatile floor plans
- Seamless access to transportation and major thoroughfares
- Proximity to a diverse range of dining and entertainment options
- Ample parking and convenient access for tenants and visitors
Unit 7th Floor
| Unit Size | 9,931 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| NOI | $181,186 |
| Sale Conditions | 1031 Exchange, Lease Option |
DESCRIPTION
The entire 7th floor comprised of 9 office units in downtown Miami. Downtown Miami is a busy shopping area with cultural and event venues. During the day, the open-air malls, department stores and jewelry shops are busy with foot traffic, while at night, crowds descend on the American Airlines Arena for Miami Heat basketball games and big-name concerts.
SALE NOTES
Entire 7th floor available for sale
8 Tenants
Total SF: 9,931
Unit 914
| Unit Size | 851 SF |
| Price | $345,000 |
| Price Per SF | $405.41 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.83% |
| NOI | $16,679 |
DESCRIPTION
Nestled in the heart of vibrant Downtown Miami, this prime property offers a strategic location next to the iconic Miami Tower. With modern amenities and a contemporary design, this space provides the ideal setting for your business to thrive. Experience urban sophistication and unparalleled access to the city's dynamic business scene at this prestigious address.
Property Brochure: https://facommercial.com/properties/?propertyId=1451618-sale
SALE NOTES
Prime location in vibrant Downtown Miami
Seamless access to transportation and major thoroughfares
Proximity to a diverse range of dining and entertainment options
Annual HOA: $8,424
Property Tax: $4,675
Total Annual Expenses: $13,105
3 Year Lease
Gross Rent $35/SF
Total Annual Income: $29,785
