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1675 NW 54th St 975 SF 100% Leased Retail Building Miami, FL 33142 $2,360,000 ($2,420.51/SF)
Executive Summary
SELLER MOTIVATED - Prime corner-to-corner lot with properties totaling approximately 20,700 square feet across three contiguous lots in Miami’s urban core. The full-block property is located at NW 54th Street and NW 17th Avenue, offering dual frontage, excellent visibility, and convenient access to I-95 and Miami International Airport.
Zoned T6-8-O (Urban Core Mixed-Use / High-Density), the site allows for a range of multifamily, mixed-use, or commercial developments up to eight stories, with potential for density bonuses. The property includes two existing buildings, one of which is currently leased, providing short-term income while planning for redevelopment.
Zoned T6-8-O (Urban Core Mixed-Use / High-Density), the site allows for a range of multifamily, mixed-use, or commercial developments up to eight stories, with potential for density bonuses. The property includes two existing buildings, one of which is currently leased, providing short-term income while planning for redevelopment.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
975 SF
Building Class
C
Year Built
1954
Price
$2,360,000
Price Per SF
$2,420.51
Percent Leased
100%
Building Height
1 Story
Building FAR
0.09
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
C-1 - Zoned T6-8-O (Urban Core Mixed-Use / High-Density)
Parking
23 Spaces (23.59 Spaces per 1,000 SF Leased)
Frontage
114’ on NW 17th Ave
Amenities
- Signalized Intersection
Very walkable
80/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-3122-052-6550 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $332,437 |
Property Taxes
Parcel Number
01-3122-052-6550
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$332,437
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Presented by
Abella Industrial Realty Group LLC
1675 NW 54th St
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