How much is 150 SE 2nd Avenue 103?

150 SE 2nd Avenue 103 is listed at $2,400,000, about $687 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is the cap rate on 150 SE 2nd Avenue 103?

The listing reports net operating income of $107,536 a year, a cap rate of about 4.5% at the $2,400,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.

What is 150 SE 2nd Avenue 103 zoned?

The listing reports zoning of 6401. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 150 SE 2nd Avenue 103?

The listing reports 3,492 square feet of building.

When was 150 SE 2nd Avenue 103 built?

150 SE 2nd Avenue 103 was built in 1967. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

What are the property taxes on 150 SE 2nd Avenue 103?

The listing reports annual property taxes of $29,190. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour 150 SE 2nd Avenue 103?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

150 SE 2nd Avenue 103, Miami, FL 33131

$2,400,000 · $687 per sq ft · Retail for sale

Property type: Retail
Asking price: $2,400,000
Price per sq ft: $687
Building size: 3,492 sq ft
Lot size: 4,792 sq ft
Zoning: 6401
Year built: 1967
Stories: 1
Net operating income: $107,536/yr
Cap rate: 4.5%
Buildings: 1
Parcel ID: 0141381590320
MLS#: A11724448

INSIDE USPS at 150 SE 2nd Avenue 103, Miami

About this property

Presenting 150 SE 2nd Ave, Suite 103, a prime retail investment in Downtown Miami's prestigious Chase Building. This 3,492 SF high-visibility property is leased by USPS, a federally backed tenant, ensuring stable cash flow and long-term security. USPS occupies 2,000 SF under a partial NNN lease with an 8% rent increase at each 5-year renewal. The remaining 1,492 SF is leased as storage to different tenants of the building, generating additional income. One of only four retail spaces on the first floor, the property benefits from heavy foot traffic, dense commercial and residential growth, and proximity to major transit hubs. With a secure tenant, prime location, and rent escalations, this is a high-demand, low-risk investment in one of Miami’s fastest-growing markets.

Building Features and Utilities

Operating Statement

Gross scheduled income	$113,000/yr
Property taxes	$29,190/yr
Insurance	$900/yr
Net operating income	$107,536/yr
Cap rate at asking price	4.5%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Synergy Realty Advisors · asarduy@synergyrealtymiami.com · Listing agent: Giovanni Vasquez

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 150 SE 2nd Avenue 103 or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 150 SE 2nd Avenue 103

How much is 150 SE 2nd Avenue 103?: 150 SE 2nd Avenue 103 is listed at $2,400,000, about $687 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 150 SE 2nd Avenue 103?: The listing reports net operating income of $107,536 a year, a cap rate of about 4.5% at the $2,400,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 150 SE 2nd Avenue 103 zoned?: The listing reports zoning of 6401. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 150 SE 2nd Avenue 103?: The listing reports 3,492 square feet of building.
When was 150 SE 2nd Avenue 103 built?: 150 SE 2nd Avenue 103 was built in 1967. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 150 SE 2nd Avenue 103?: The listing reports annual property taxes of $29,190. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 150 SE 2nd Avenue 103?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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