1390 14Th Ave Miami, FL 33125

This exceptional five-story, 15,563-square-foot Class B office building in Miami, Florida, presents a compelling investment opportunity. Built in 1961 and extensively renovated in 2016, the property boasts a 100% occupancy rate with a long-term lease to a county tenant, ensuring a stable and secure cash flow. The asking price is $5,600,000, representing a 6.75% cap rate and a pro-forma cap rate of 7.00%. The property is strategically located at 1390 NW 14th Ave, Miami, FL 33125, in Miami-Dade County, within the second-largest medical district in the United States, offering unparalleled access to major highways, including I-95 and SR-836. Its prime location is just one block north of River Landing, a substantial mixed-use development featuring two million square feet of retail and multifamily space. The building's zoning is T6-12-O, and it benefits from proximity to public transportation, including the Metrorail and Metromover. This turnkey investment offers immediate access to Downtown Miami, Brickell, Wynwood, Edgewater, South Beach, LoanDepot Park, and Miami International Airport, making it an ideal acquisition for investors seeking strong returns in a thriving urban environment. The net lease structure further enhances the investment's appeal. The tenant recently renewed their lease at market rate, demonstrating a long-term commitment to the property.