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5955–5957 NE 2nd Avenue is a fully stabilized commercial kitchen property positioned along the rapidly improving NE 2nd Avenue corridor between the Design District and Little River. The asset delivers reliable income, long-term tenancy, and minimal operational oversight—an attractive profile for investors seeking durable cash flow in Miami’s core infill market.
The ±5, 000 SF building was fully renovated in 2024 and consists of two independent kitchen suites, each built for high-volume food production and delivery operations. Every suite is equipped with a 28-foot hood system, three walk-in coolers, a dedicated grease trap,
independent utility meters, and commercial-grade infrastructure, allowing each tenant to operate autonomously.
Under the NNN structure, tenants maintain all major systems—including HVAC, hood, fire suppression, and grease
management—through required service agreements. The leases also include a management fee, providing additional revenue potential
for self-managing owners.
Located minutes from major residential districts and key distribution routes, 5955–5957 NE 2nd Avenue is strategically positioned to benefit from sustained demand for production and delivery kitchens in Miami. The combination of upgraded infrastructure, strong lease economics, long-term tenancy, and limited management responsibility creates a stable and straightforward income-producing opportunity for investors.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$5,756,215
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $4,604,972 | $4,604,972 | $4,604,972 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.130% | 5.984% | 5.912% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $26,147 | $27,240 | $38,240 |
| Total Monthly Payment | $26,272 | $27,365 | $38,365 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.