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 21, 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 11:38 PM UTC, 11/21/2024.

Powered byLuxury Presence