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SE 2nd Ave
Miami, FL 33131
Specialty Property For Sale · 40,667 SF

INVESTMENT HIGHLIGHTS

  • Infill Parking Garage in the Heart of Downtown Miami Immediately Surrounded by 16.6M of commercial space and 10,200 residential apartment units and 2,
  • Immediate Income Growth Potential from Capturing Resurging Transient Income, Activating Night/Weekend Use, and Potential Additional Parking Capacity
  • Within 140,000 SF Fully Remodeled and Renovated Office Building with Ground Floor Retail (separately owned and not a part of the offering)
  • Favorable Ownership Structure Mitigating Real Estate Tax and Operating Expense Increases and Capital Requirements for New Ownership
  • Direct and Highly Convenient Access onto I-95 Providing Key Competitive Advantage

PROPERTY FACTS

Property Type Specialty
Property Subtype Parking Garage
Building Class C
Lot Size 0.53 AC
Building Size 40,667 SF
No. Stories 3
Year Built/Renovated 1965/2014
Parking Ratio 2.9/1,000 SF
Zoning 0000 - Parking Garage
  • Listing ID: 22376683

  • Date on Market: 3/3/2021

  • Last Updated:

  • Address: SE 2nd Ave, Miami, FL 33131

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