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2600 NW 103rd St 10,800 SF Vacant Retail Building Miami, FL 33147 $1,372,980 CAD ($127.13 CAD/SF) 9.66% Cap Rate
Investment Highlights
- Month to Month Rents
- $249 a foot, UC-MC Zoning
- Fully occupied with Value Add
Executive Summary
Prime mixed-use investment opportunity located at 2600–2618 NW 103rd St in Miami, FL, offering strong in-place income and upside potential in the growing West Little River submarket. This fully occupied property features approximately 4,012 SF on a 10,800 SF lot with a stable tenant mix. Zoned UC-MC, the asset allows for flexible commercial and mixed-use strategies. Current leases are month-to-month with long-term tenants, providing immediate flexibility for an owner-user or investor to reposition while maintaining income. The property is efficiently operated with ownership only responsible for property taxes and insurance, enhancing net returns. Positioned on a high-traffic corridor with excellent visibility and approximately 20 parking spaces, the site benefits from strong accessibility and future growth, including the planned FDOT-approved transit expansion along NW 27th Ave. Offered at approximately $249 PSF, this is a compelling opportunity for cash flow, flexibility, and long-term appreciation in a rapidly evolving Miami market.
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- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Building Size
10,800 SF
Building Class
C
Year Built
1947
Price
$1,372,980 CAD
Price Per SF
$127.13 CAD
Cap Rate
9.66%
NOI
$132,630 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
2.77
Lot Size
0.09 AC
Zoning
6051 - Zoning: UC-MC (Urban Center – Mixed Use Corridor)
UC-MC zoning is designed to support a mix of commercial, residential, and service-oriented uses
Parking
20 Spaces (1.85 Spaces per 1,000 SF Leased)
Frontage
60’ on 103rd St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Greater Vision Ministry
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Greater Vision Ministry | Services | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 30-3103-014-0030 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $270,591 CAD |
Property Taxes
Parcel Number
30-3103-014-0030
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$270,591 CAD
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2600 NW 103rd St
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