How much is 200 Azure Way?

200 Azure Way is listed at $7,600,000, about $443 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 200 Azure Way?

The listing reports net operating income of $406,894 a year, a cap rate of about 5.4% at the $7,600,000 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 200 Azure Way zoned?

The listing reports zoning of 3700. 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 200 Azure Way?

The listing reports 17,154 square feet of building.

When was 200 Azure Way built?

200 Azure Way was built in 1926. 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 200 Azure Way?

The listing reports annual property taxes of $49,525 for 2024. 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 200 Azure Way?

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.

200 Azure Way, Miami Springs, FL 33166

$7,600,000 · $443 per sq ft · Multifamily for sale

Property type: Multi Family
Asking price: $7,600,000
Price per sq ft: $443
Building size: 17,154 sq ft
Lot size: 23,087 sq ft
Zoning: 3700
Year built: 1926
Units: 3
Stories: 2
Net operating income: $406,894/yr
Cap rate: 5.4%
Occupancy: 100%
Buildings: 2
Parking spaces: 24
Parcel ID: 0530240062210
MLS#: A11790088

About this property

INVESTOR Opportunity in Miami Springs. ONLY 30% DOWN. OSCEOLA APARTMENTS-HOTEL or MULTIFAMILY. A historic 2-story V-shaped building featuring 23 apartments arranged around a central, courtyard. Each wing of the V extends is a 2-story building, with additional 1-story building housing 5 studios. OSCEOLA exemplifies the Mission Revival architectural style. Flat roofs & irregular parapets Towers with distinctive openings. Prominent water spouts Mission bell cote motifs Rough-textured stucco finishes. FULL MAJOR RENOVATION in 2014, the exterior maintains its historic 1926 charm. Situated near Golf Course, Miami Inter Airport, & Freedom Park Soccer Village stadium 25,000 seats. it presents an opportunity in PRIME LOCATION. CHECK OFFERING MEMO ATTACHED

Building Features and Utilities

Block

Operating Statement

Gross income	$517,800/yr
Property taxes	$49,525/yr
Net operating income	$406,894/yr
Cap rate at asking price	5.4%

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.

About the Business at 200 Azure Way

Included: Building, Fixtures, Inventory, Land, Other

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Lokation · broker@lokationre.com · Listing agent: Beatriz G. Acosta-Rubio

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 200 Azure Way or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 200 Azure Way

How much is 200 Azure Way?: 200 Azure Way is listed at $7,600,000, about $443 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 200 Azure Way?: The listing reports net operating income of $406,894 a year, a cap rate of about 5.4% at the $7,600,000 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 200 Azure Way zoned?: The listing reports zoning of 3700. 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 200 Azure Way?: The listing reports 17,154 square feet of building.
When was 200 Azure Way built?: 200 Azure Way was built in 1926. 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 200 Azure Way?: The listing reports annual property taxes of $49,525 for 2024. 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 200 Azure Way?: 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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