Properties

Features
1
Address Map
FL
Miami-Dade County
Miami
33135
1166 SW 17th Ave
1166
0
W81° 46' 38.3''
N25° 45' 42.8''
01-41-10-064-0010
0100
: Sw
Additional Information
Compass Florida, LLC
$44,579
2025
1
1
: All Cash , Conventional/refinance
: Sale
305-209-8866
Property Description

a 100% occupied retail strip center in Miami’s Little Havana / Shenandoah corridor. The 8,299 SF retail building sits on a 12,573 SF lot with 118 feet of frontage on SW 17th Avenue. An adjacent 1,053 SF house at 1700 SW 11th Terrace is included on a separate 6,732 SF lot, valued at $550,000, with the retail component priced at a 5.0% cap rate on NOI. Combined, the parcels total 19,304 SF of land. Four established tenants — a grocery store, laundromat, bakery, and salon — generate $158,400 in gross scheduled income with an estimated net operating income (NOI) of approximately $113,549. All retail leases include built-in $100/year annual rent increases, and the weighted average lease term exceeds 75 months. Operating expenses are minimal at ~$36,931/year, with tenants responsible for their own utilities and no HOA or condo fees. The offering includes wine & beer and lottery licenses, equipment, machinery, and inventory. The property benefits from a prime SW 17th Avenue location in the established Little Havana neighborhood with direct proximity to Downtown Miami, Brickell, and Coral Gables. Over 45,000 residents live within a one-mile radius, supporting consistent retail demand and foot traffic. This turnkey investment offers stable in-place income, contractual rent growth, low operating expenses, and continued upside in one of Miami’s most dynamic commercial corridors.

This listing is courtesy of Arthur Porosoff at Compass Florida, LLC em:art@porosoff.com ph:305-209-8866.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0141100640010 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 01-1100-064-0010 (0141100640010)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 1166 SW 17 Ave
City: Miami
State: Florida
Zip Code: 33135-5336 (Listings)
County: Miami-Dade (Listings)
  -
Building Size - English*
Living Square Feet: 8,299
Actual Square Feet: 8,299
Adjusted Square Feet: 8,299
  -
Lot Size - English*
Lot Size (sf): 12,573
Lot Size (acres): 0.29
  -
Building Size - Metric*
Living Square Meters: 771.00
Actual Square Meters: 771.00
Adjusted Sq M: 771.00
  -
Lot Size - Metric*
Lot Size (sq m): 1,168
Lot Size (ha): 0.12
  -
Zoning & Land Use*
Land Use: 1111 - Store : Retail Outlet
Zoning: 0100 - Single Family - General
Municipal Zoning: T3 R (Miami)
All Listed | All Properties
  -
Prior Sale*
Type: Corrective, tax or QCD; min consideration
Qual: U
Date: 06/04/2014
Amount: $100
  -
Prior Sale #2* (Second to Last)
Type: Qual by exam of deed
Qual: U
Date: 01/01/1993
Amount: $0
  -
Prior Sale #3* (3rd to Last)
Type: Qual by exam of deed
Qual: U
Date: 09/01/1991
Amount: $0
  -
Taxable Values*
Tax Year: 2024
Land: $943,309
Building: $759,691
Total: $1,703,000
Assessed: $1,473,158
County Taxable: $1,473,158
City Taxable: $1,473,158
Mill Code: 0100
  -
Ownership*
Owner 1: Jp Rental Investments Llc
Mailing Address: Po Box 450066
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33245
Mailing Country: USA
  -
Building Information*
Stories: 1
Year Built: 1925
Effective Year Built: 1925
Extra Features 1: Paving - Concrete
Extra Features 2: Cooler Room - Refridgeration (200 Sqft/ton)
Extra Features 3: Chain-link Fence 6-7 Ft High
  -
Legal Description*
Legal Description Concatenated: SOUTH SHENANDOAH PB 11-64 LOTS 1 & 2 BLK 1 LOT SIZE 117.500 X 107 OR 15797-4342 0193 5

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.

Commercial Sale

1166 SW 17th Ave, Miami, Florida 33135

$2,820,000
Listing ID#A11976706
QR Code
Basic Details
Property Type : Commercial Sale
Property Sub Type : Retail
Listing Type : For Sale
Listing ID : A11976706
Price : $2,820,000
Year Built : 1925
Built up area : 9,352 Sqft
Status : Active
Type of Business : Retail Space