Home » Properties » 150 SE 2nd Ave # 103, Miami FL 33131

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Prime Retail Space in Downtown Miami’s Chase Building

Retail property leased by USPS with stable tenants in a premier Miami downtown location.

$2,500,000

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MLS #A11724448

Listing Updated: 2026-07-12 06:42:43

Listed By: Synergy Realty Advisors

Overview

Situated in the prestigious Chase Building at 150 SE 2nd Ave, Suite 103, this retail space offers a total of 3,492 square feet in the heart of Downtown Miami. With USPS as a federally backed tenant occupying 2,000 square feet under a partial NNN lease and additional storage leased to building tenants, this property provides a steady income stream. The location enjoys heavy pedestrian traffic and benefits from the neighborhood’s dense commercial and residential growth, making it a solid and low-risk retail investment in one of Miami’s fastest-evolving markets.

Property Highlights

3,492 SF retail space in Downtown Miami’s Chase Building, USPS tenant under partial NNN lease, 8% rent escalations every five years, high foot traffic location, multiple tenants providing diversified income.

Property Details

City: Miami

State: FL

Zip Code: 33131

Address: 150 SE 2nd Ave # 103, Miami FL 33131

Year Built: 1967

Property Type: Commercial Sale

Property Sub Type: Retail

Listing Office Name: Synergy Realty Advisors

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $29,190

Days On Market: 533 Days

Original Listing Description

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.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

150 SE 2nd Ave # 103, Miami FL 33131

About This Neighborhood

Located in the heart of Downtown Miami, the Chase Building neighborhood offers a vibrant mix of commercial and residential growth. Buyers benefit from proximity to major transit options and a densely populated area that supports retail foot traffic, making it suitable for businesses and investors focused on a dynamic urban environment with increasing development activity.

Walkability & Lifestyle

Downtown Miami’s dense urban environment offers walkability with numerous restaurants, shops, and entertainment venues nearby. Residents and visitors enjoy easy access to public transit, waterfront parks, and cultural attractions, creating a lively atmosphere ideal for retail businesses aiming to attract pedestrian traffic and local clientele.

Things To Do Nearby

The property’s location places it close to Miami’s vibrant waterfront, marinas, and nightlife hotspots. Nearby parks, museums, and dining options provide a rich lifestyle experience for those who live and work in the area, supporting a lively community and stimulating foot traffic for retail operations.

Nearby Schools

While this property serves commercial purposes, its Downtown Miami location offers easy access to a range of educational institutions and family amenities in nearby neighborhoods. This connectivity adds to the area’s appeal for professionals and business owners who value convenient access to quality schooling options within reach of their workplace.

Why Buyers Like This Area

Buyers appreciate this retail offering due to its stable tenant base, strategic Downtown Miami location, and steady rent escalations. The combination of consistent foot traffic and proximity to transit hubs makes it a sensible choice for investors seeking dependable commercial property with reduced vacancy risks in a sought-after urban market.

Investment Potential

This retail property in Downtown Miami presents a low-risk opportunity due to its lease by USPS, a federally backed tenant. Its location in a busy commercial district ensures consistent demand and strong visibility. The partial NNN lease includes scheduled rent increases that help provide long-term income stability, appealing to those seeking dependable retail investments in a growing urban hub.

Market Trends

Downtown Miami continues to experience rapid growth with new developments and revitalization efforts driving demand in retail spaces. This location benefits from steady increases in commercial activity and residential density, fostering a strong market for retail tenants and supporting long-term property value appreciation within a thriving metropolitan setting.

Rental Income Potential

The USPS tenancy alongside additional storage leases generates diversified rental income with predictable increases every five years. Located in a high-traffic downtown corridor, this retail space is well positioned to attract and retain reliable tenants, making it appealing to investors seeking consistent rental returns without excessive risk.