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$19,000,000

1775 3 AVENUE, Miami, FL 33129

On market
4 days on market
MLS #
A12106298

SHOPPING CENTER FOR SALE! LOCATION, LOCATION, LOCATION. PRIME RETAIL SPACE FOR SALE! HIGH VISIBILITY, DAILY TRAFFIC FLOW. 1 ACRE LOT, 18, 013 SQ. FT. CORAL RITZ SHOPPING CENTER. IT IS THE BEST INVESTMENT YOU CAN DREAM OF; VERY CLOSE TO BRICKELL AREA. YOU CAN MAINTAIN THE EXISTING BUILDING OR BUILD A NEW BUILDING OF 8 FLOORS. MAXIMUM TO BUILD 217,000, OR BUILD WITH THE LIVE LOCAL ACT 470 UNITS WITH APROX 334,400 SF DEDICATED WITH 188 AFFORDABLE HOUSING UNITS, 66 LODGING UNITS AND 216 MARKET RATE UNITS FOR A TOTAL OF 564,000 SF OF CONSTRUCTION AREA IN 24 FLOOR LEVELS. BASE ON THE PROGRAM REQUIREMENTS AND GUILINES SUBMITTED AND SUBJECT TO THE TERMS AND ALL THE APPLICABLE LAWS AND REGULATIONS IN EFFECT AT THE TIME OF SUBMITAL. SUBJECT TO VERIFY THE LIVE LOCAL ACT

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Position in the area’s price distributionThe asking price is $19,000,000; the median of recorded sales in the area is $620,000 (1,112 sales). On raw price that is 2,965% above the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33129, 33130, 33131 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$5,700,000
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$92,087
Loan amount
$13,300,000
Total interest over the term
$19,851,145
Total repaid
$33,151,145

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Florida Realty of Miami Corp

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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