Commercial property in Miami, Florida № 2048207

Property description

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, generating a current NOI of $96,643 and an attractive 9.66% cap rate. 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.