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2223 SW 13th Ave, Miami FL 33145

Commercial Recently Sold
$3,300,000

BTC: 56.41025641

ETH: 2,069.36771410

Sold on: 2026-06-08
162 days
0 room(s)

Overview

Presenting a prime commercial investment at 2223 SW 13th Ave in the heart of Miami’s vibrant Coral Way corridor. This fully leased, income-generating property offers 4,912 SF of leasable space zoned T6-8-0, currently occupied by two long-term tenants who cover all operating expenses—ensuring a stable, hands-off investment. The building layout allows for future subdivision to accommodate up to four tenants, creating flexibility and added upside for the next owner. Strategically positioned just minutes from Brickell, Downtown Miami, Coral Gables, Coconut Grove, and Miami International Airport, this location is highly attractive to businesses seeking central access and visibility. Recent capital improvements include a new roof (2016), impact windows (2022), and a newly installed grease trap (2022). The property has also passed its Re-Certification, offering added peace of mind. With a real 6.4% Cap Rate and over $233,000 in annual net income, this asset delivers strong, consistent cash flow. Additionally, both tenants have annual 4.5% rent increases built into their leases, enhancing future returns. Whether you’re a seasoned investor or looking to expand your Miami portfolio, this turnkey property combines location, stability, and long-term growth potential. Don’t miss this rare opportunity in one of the city’s most desirable commercial zones.

Location

Details

Type:
Commercial Sale
Parking:
None / Off Site / Other
Year Built:
1988
Lot:
3068 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $1.5M
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$16,469
All facts and features
  • Flooring

    • Concrete

  • Parking

    • None

    • Off Site

    • Other

    Lot

    • Lot: 3068 Square Feet

    Other Property Information

    • Parcel Number: 01-41-39-007-2780

    • Zoning: 6100

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $16,469

  • Source details

    • MLS ID: A11917860

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: City Location / Corner Lot

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FI Real Estate Brokerage LLC