Coral Way Portfolio 1820-1830 SW 3rd Ave 2 Retail Properties Offered at $16,044,800 CAD in Miami, FL

Prime investment/owner user opportunity for a 2 property portfolio near Brickell financial district in Miami. SW 3rd Av (Coral Way) is the main corridor connecting Brickell with Coral Gables with high daytime traffic, the property has great exposure, visibility, easy access and surface parking. Property was fully renovated in 2023. Currently the property at 1830 is fully leased on long term leases and the property at 1820 is vacant and going through renovation, ground floor to be delivered in vanilla shell ready for new tenant or owner user.
The three folio property consists of:
a) Parcel 1 - Two fully leased retail spaces with a total of 5,424 SF sitting on a 14,560 SF Lot. Both well established local tenants.
b) Parcel 2- A two story structure with a retail with drive through on the ground floor, and two private offices suitable for owner/user on the 2nd floor. 2nd floor is currently being converted to its original use which is 2 residential apartments that could generate greater income through short term rentals. The structure consist of 8,256 SF sitting on a 6,500 SF Lot.
c) Parcel 3 - The third folio consist of a surface parking lot that supplements the parking for retail and office, this lot is 6,750 SF
Total Portfolio consists of +/-13,713 of RSF and +/-27,810 SF of land.
Property is currently zoned T-6-8-O on the front lots facing Coral Way, which allow various commercial uses and T-3R for the back lot.
Property pro-forma and actual available upon request and proof of funds. Do not disturbe Tenants, showings to be scheduled with prior notice.