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5300 NW 3rd Ave
Miami, FL 33127
NW 54 ST Assemblage - Covered Land Play · Industrial Property For Sale
Property Facts
| Property Type | Industrial | No. Stories | 2 |
| Property Subtype | Showroom | Year Built | 1949 |
| Building Class | C | Clear Ceiling Height | 14’ |
| Lot Size | 0.99 AC | No. Dock-High Doors/Loading | 1 |
| Rentable Building Area | 16,129 SF | No. Drive In / Grade-Level Doors | 1 |
| Zoning | T5-O / T3-O | ||
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 0.99 AC |
| Rentable Building Area | 16,129 SF |
| No. Stories | 2 |
| Year Built | 1949 |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | T5-O / T3-O |
About 5300 NW 3RD AVE , MIAMI, FL 33127
Metro 1 Commercial is proud to present a premium portfolio of properties located in the up and coming neighborhood of Little Haiti. This represents the opportunity to have a covered land play which will achieve moderate cash-on-cash returns in the near to medium term, with limited downside, yet offers significant upside potential. The properties are currently generating over 200K in gross income and have the possibility to be further increased by leasing the remaining spaces. The Properties are ideally situated with frontage on NW 54th Street (a major corridor between I-95 and Biscayne Boulevard) north of Design District and South of Little Haiti. To the east of the Properties are the planned East Ridge development and the Magic City Innovation District. This area has witnessed unprecedented growth, which has created a compelling development opportunity in the area. A gross development of 147,524 SF can be achieved as of right. Uses allowed include office, retail, mixed-use, industrial, hospitality and multifamily.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,925,792 |
Property Taxes
