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100 NE 54th St 1,839 SF 100% Leased Retail Building Miami, FL 33137 $795,000 ($432.30/SF)



INVESTMENT HIGHLIGHTS
- High traffic corner location, extremely visible to Biscayne Blvd traffic
- Flexible pathways toward revenue generation - from full re-development to adaptive re-use as office or retail
- Discounted deal due to unsafe structures -- ideal for the savvy investor to fix and flip (opposite corner sold for $1.65MM)
- Vacant & Renovation Ready - delivered free of tenancies
- Opportunity Zone Location & Live Local Eligible
EXECUTIVE SUMMARY
THE ALPHA COMMERCIAL ADVISORS™ PRESENTS A UNIQUE OPPORTUNITY FOR HEAVY VALUE-ADD, ADAPTIVE RE-USE OR GROUND-UP RE-DEVELOPMENT ON THE TOUTED NE 54TH STREET COMMERCIAL CORRIDOR.
Currently configured as a triplex, the property represents a true blank canvas for investors or end-users, whether preserved as multifamily, transformed into boutique retail or office space, or redeveloped to maximize future potential. Anchored on the busy NE 54th Street commercial corridor, this highly convenient Eastern location blocks from Biscayne Boulevard sits within minutes of the Design District, Little River, and I-95.
PROPERTY HIGHLIGHTS
Prominent Corner - Highly visible Eastern location at NE 54th Street and NE 1st Avenue, blocks from Biscayne Bay and across from both regional and national retailers.
Vacant & Unencumbered - Delivered free of tenancies and renovation-ready, offering maximum flexibility for investors and end-users to start work immediately.
Revenue Optionality - Flexible pathways toward income generation including rehabilitation as multi-family, or adaptive re-use as boutique office, retail, or mixed-use.
Connected Growth Corridor - Located within an opportunity zone in the path of expansion near the Design District, Upper Eastside, Little River, Little Haiti, and major re-development pockets.
Accessible Entry - Priced fairly and ideal for investors at all levels to gain access to a prime infill asset with tons of upside.
Currently configured as a triplex, the property represents a true blank canvas for investors or end-users, whether preserved as multifamily, transformed into boutique retail or office space, or redeveloped to maximize future potential. Anchored on the busy NE 54th Street commercial corridor, this highly convenient Eastern location blocks from Biscayne Boulevard sits within minutes of the Design District, Little River, and I-95.
PROPERTY HIGHLIGHTS
Prominent Corner - Highly visible Eastern location at NE 54th Street and NE 1st Avenue, blocks from Biscayne Bay and across from both regional and national retailers.
Vacant & Unencumbered - Delivered free of tenancies and renovation-ready, offering maximum flexibility for investors and end-users to start work immediately.
Revenue Optionality - Flexible pathways toward income generation including rehabilitation as multi-family, or adaptive re-use as boutique office, retail, or mixed-use.
Connected Growth Corridor - Located within an opportunity zone in the path of expansion near the Design District, Upper Eastside, Little River, Little Haiti, and major re-development pockets.
Accessible Entry - Priced fairly and ideal for investors at all levels to gain access to a prime infill asset with tons of upside.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,839 SF
Building Class
B
Year Built
1932
Price
$795,000
Price Per SF
$432.30
Percent Leased
100%
Building Height
1 Story
Building FAR
0.46
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
T5-O - Max Height: 5 stories, Max Density: 5 units (65 du/acre), Allowable Uses: Retail, Office, Multi-Family. Hotel, Mixed-Use
Frontage
50’ on 54th St
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-3124-008-0110 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $334,596 |
PROPERTY TAXES
Parcel Number
01-3124-008-0110
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$334,596
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100 NE 54th St
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