3120-3138 Commodore Plz, Coconut Grove, FL 33133

DWNTWN Realty Advisors is pleased to present a core Coconut Grove NNN ground-leased investment—offering a fee simple interest in 19,325 SF of land encumbered by a 99-year ground lease (approximately 92 years remaining). The property is improved by a 37,581 SF, four-story mixed-use building located at 3120–3138 Commodore Plaza, in the central core of one of Miami’s most revered townships. The long-term lease features 3% annual compound increases and CPI protection, delivering stable, inflation-hedged income in a premier location surrounded by luxury residences, fine dining, and a thriving commercial scene. With strong in-place income and built-in rent growth, this generational asset offers durable and predictable cash flow with safe-haven characteristics in one of South Florida’s most supply-constrained, high-barrier-to-entry markets.