Active
17325 NW 27th Ave
Miami Gardens FL, 33056
$8,000,000
$374.06 per sqft
Active
21,387 sqft
Commercial
Built in 1989
INVESTMENT HIGHLIGHTS:
Building Size 24,964 sq ft,
Lot Size 39,204 sq ft,
Year Built 1989,
97% occupied,
First Time On Market in Over 20 Years,
Recently Re-Roofed,
New LED lighting,
New surveillance cameras throughout the property,
New, LED monument sign,
85 parking spaces,
1 elevator, 2 staircases.
Strong and stable cash flow for potential investors.
Upside potential by leasing the remaining unit plus adjusting rents through multiple short-term leases.
Triple net leases .
5% annual rent increases providing strong rent growth for a potential buyer.
The investment presents a unique opportunity to own a mixed-use building with small spaces that can easily be rented out to in a rapidly growing neighborhood.
A11689570
MLSⓇ ID
November 7, 2024
Listed
November 7, 2024
Updated
Map
17325 NW 27th Ave
Miami Gardens FL, 33056
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.9 Acres
Lot Features
City Location, Shopping Center
Other Property Details
Taxes
$53,548
Tax Frequency
Annually
Garage
No
Parking
Common, Free Parking
Parking Total
85
View
No
County
Miami-Dade County
Pool
No
Zoning
6500
Listed by: Castillo & Associates Real Estate, Inc
Listing Contact: 305-778-5383
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 Miami Association of REALTORS® all rights reserved.
Data last updated 8:50 PM UTC, 11/7/2024.