300 2Nd AveMiami, FL 33130

Property Details for 300 2Nd Ave

Year built

1982

Property size (Sq ft)

406,000 SF

Zone code

6401:COMMERCIAL

Property type

Hotels

Property subtype

Motels

APN

01-3137-022-0030

APU

131370220030

Description

This exceptional 4,266 square foot Class A retail or restaurant space is available for lease in Downtown Miami's vibrant urban core. Located at 300 SW 2nd Ave, this new construction space boasts a dedicated 5,000 square foot covered patio, perfect for outdoor dining or retail displays. The property is situated at the base of the Modera Riverside, a 428-unit high-rise residential building, ensuring a built-in customer base. With a walk score of 92 and a transit score of 100, this location offers unparalleled accessibility for pedestrians and public transportation users. The space is ideal for a single tenant and features a total of 4,266 square feet, all of which is currently vacant. The building underwent renovations in 2024, ensuring modern amenities and a contemporary aesthetic. Located in Miami-Dade County, within the Downtown Miami submarket, this property presents a unique opportunity to establish a thriving business in one of South Florida's most dynamic and desirable locations. Divisions of the space may be considered. The property is situated in a highly pedestrian and transit-friendly area, making it easily accessible to a large potential customer base. This is a single-tenant space, offering complete control and flexibility for the lessee.

• CAP approach

  CAP return

  Valuation

  6%

  $398,147,776

  6.5%

  $367,521,024

  7%

  $341,269,536

• Comparable approach

  Method

  Valuation

  Relative Method

  $365,286,720

  Geo Method

  $365,286,720

• Alternative Use

  Use

  Valuation

  Residential

  $401,226,176

  Hospitality

  $367,521,024

  Educational

  $305,773,184

  Medical

  $316,289,184

  Retail

  $475,647,168

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.7707

Longitude

-80.1905

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].