275 NE 18th St # CU02-CU10, Miami, FL 33132

Listing Remarks — 275 NE 18th St # CU02-CU10, Miami, FL 33132

Exceptional 18,781 SF Class A retail portfolio in Miami's Edgewater neighborhood. 100% occupied with a diverse, credit-worthy tenant mix anchored by JP Morgan Chase and positioned adjacent to Publix. • New Pricing: $19,900,000 (5.17% Current Cap Rate / 5.56% 10-Yr Average). • Seller Financing: Highly attractive terms available up to $9M at 6.5% Interest-Only (5-7 year term), drastically maximizing Cash-on-Cash returns. Sale includes 36 excess parking spaces located inside the residential tower. These spaces can be sold off individually to condo residents (current market value $35K-$55K/each) for an immediate return of capital, without affecting the dedicated retail parking on the ground floor and rear exclusive-use lots. Positioned on Biscayne Blvd with superior visibility. Over 10,000 residential units within a 1-mile radius provide a substantial built-in customer base. Turnkey, income-producing trophy asset ideal for 1031 Exchange buyers seeking dependable cash flow and aggressive seller debt. Contact for full OM and pro forma.

Inside the Residence: 275 NE 18th St # CU02-CU10, Miami, FL 33132

Flooring

Concrete

Heating

Central Individual A/C

Cooling

Central Individual A/C

Parking Features

Assigned, Common, Covered

Pool Private

No

Building & Association Facts — 275 NE 18th St # CU02-CU10, Miami, FL 33132

Building Name

1800 Biscayne Plaza

Building Area Total

20000

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Security Features

Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Security Lights, Security System

Site, Views & Construction — 275 NE 18th St # CU02-CU10, Miami, FL 33132

Lot Features

City Location, Corner Lot, Inside Location

Lot Size Square Feet

51,178

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Concrete

Sewer

Public Sanitation

Water Source

Public

New Construction

No

Tax & Parcel Record — 275 NE 18th St # CU02-CU10, Miami, FL 33132

Parcel Number

01-32-31-059-0001

Tax Legal Description

1800 BISCAYNE PLAZA CONDO BISC FEDL PLAZA 1ST ADDN PB 116-7 TR B & PORT OF LOT 7 & LOTS 10 THRU 12 OF MIRAMAR PB 5-4 AS DESC IN DEC OR 23981

Zoning

6402

County Or Parish

Miami-Dade County

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