17325 NW 27th AVE, Miami Gardens, FL 33056
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Daniel A. Hammer, Sr.

Daniel A. Hammer, Sr.

+1(678) 575-6805
$ 6,950,000
Est. payment /mo
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Active

17325 NW 27th AVE Miami Gardens, FL 33056

21,387 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 21,387 sqft

Price per Sqft $324

MLS Listing ID A11822575

Construction Status Resale

HOA Y/N No

Year Built 1989

Annual Tax Amount $53,548

Lot Size 0.900 Acres

Acres 0.9

Property Sub-Type Mixed Use

Property Description

INVESTMENT HIGHLIGHTS: All triple net leases, Cap rate 7.03%, 100 Occupied. Building Size 24,964 sq ft, Lot Size 39,204 sq ft, Year Built 1989, 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. annual escalations 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. The property is located on an excellent location near the Miami Dade and Broward County lineLocated on 27th Avenue corridor 1.6 miles to Hard Rock Stadium; a world class hub for major sporting and entertainment events, including Miami Dolphins games, Miami Hurricane football, major concerts, Formula 1 racing and the Miami Open Tennis tournament. Less than a mile north of the Palmetto Expressway (SR 826) and about 2 miles south of the Florida Turnpike.43,500 vehicles per day on 27th AvenueDense population, in excess of 655,000 within 5-mile radius

Location

State FL

County Miami-dade

Community Shopping

Area 2210

Zoning 6500

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Parking Features Common, Free Parking

Community Features Shopping

Road Frontage City Street

Total Parking Spaces 85

Building

Lot Description City Lot

Dwelling Type Office,Retail

Story 2

Structure Type Block

New Construction No

Construction Status Resale

Others

Tax ID 3421100111390

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11822575

BeachesMLS, Inc. (FLR) IDX
Listed by Maydelin Castillo Florez Castillo & Associates Real Estate, Inc

NEARBY SCHOOLS & PROPERTIES

Daniel A. Hammer, Sr.

Daniel A. Hammer, Sr.

License Partner/Broker

+1(678) 575-6805

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17325 NW 27th AVE