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1166 SW 17th Ave
Miami FL 33135 US

$2,820,000

Active Listing ID A11976706
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Retail

$2,820,000

Active Listing ID A11976706
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1166 SW 17th Ave 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Retail

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 2820000
  • unparsedaddress: 1166 SW 17th Ave
  • postalcity: Miami
  • stateorprovince: FL
  • country: US
  • postalcode: 33135
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Arthur Porosoff
  • listagentemail: art@porosoff.com
  • listagentkey: 3yd-MAORFL-3160379
  • listagentmlsid: 3160379
  • listagentpreferredphone: 3052098866
  • listagentofficephone: 3058512820
  • listofficekey: 3yd-MAORFL-COMP01
  • listagentstatelicense: 3160379
  • listofficemlsid: COMP01
  • disclaimer: Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1925
  • listagenturl: http://www.compass.com
  • countyorparish: Miami-Dade
  • parcelnumber: 01-41-10-064-0010
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Florida LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"art@porosoff.com", "ListBrokerageCity":"Miami", "ListBrokerageCountry":"US", "ListBrokerageEmail":"brokerfl@compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Florida LLC", "ListBrokeragePhone":"(305) 851-2820", "ListBrokeragePostalCode":"33139", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"7th Floor", "ListBrokerageUnparsedAddress":"605 Lincoln Rd", "ListBrokerageWebsiteUrl":"http://www.compass.com", "ListOfficeAddress1":"605 Lincoln Road", "ListOfficeAddress2":"7th Floor", "ListOfficeBrokerMlsId":"3023720", "ListOfficeCity":"Miami Beach", "ListOfficeCountry":"US", "ListOfficeEmail":"mlsfl@compass.com", "ListOfficePostalCode":"33139", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Retail - Miami, FL", "ListingURL":"https://listings.listhub.net/pages/MAORFL/A11976706/?channel=rexren", "MLSModificationTimestamp":"2026-03-05T15:02:15Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Retail", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":44579, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/11/2026 3:17:53 PM GMT
Source Updated Date: 3/12/2026 12:48:21 PM GMT

Courtesy of: Arthur Porosoff, Compass Florida, LLC, art@porosoff.com

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.