1800 BISCAYNE PLAZA CONDO BISC FEDL PLAZA 1ST ADDN PB 116-7 TR B & PORT OF LOT 7 & LOTS 10 THRU 12 OF MIRAMAR PB 5-4 AS DESC IN DEC OR 23981 Exceptional 18,781 SF Class A retail portfolio in Miami's Edgewater neighborhood. 100% occupied with a diverse, credit-worthy tenant mix anchored by JP Morgan Chase and positioned adjacent to Publix.
• New Pricing: $19,900,000 (5.17% Current Cap Rate / 5.56% 10-Yr Average).
• Seller Financing: Highly attractive terms available up to $9M at 6.5% Interest-Only (5-7 year term), drastically maximizing Cash-on-Cash returns. Sale includes 36 excess parking spaces located inside the residential tower. These spaces can be sold off individually to condo residents (current market value $35K-$55K/each) for an immediate return of capital, without affecting the dedicated retail parking on the ground floor and rear exclusive-use lots. Positioned on Biscayne Blvd with superior visibility. Over 10,000 residential units within a 1-mile radius provide a substantial built-in customer base. Turnkey, income-producing trophy asset ideal for 1031 Exchange buyers seeking dependable cash flow and aggressive seller debt. Contact for full OM and pro forma.