16547 NW 27th Ave Miami Gardens, FL 33054
SOLD FOR
$2,662,000
$3,100,000
(14.7%)
Overview
- Status: Closed
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 9,071 ft2/842.72 m2
- Price Per: $291.59 ft2/$3,138.63 m2
- Type: Commercial/Investment
- Built: 1957
- HOA: No info
- MLS Number: A11422051
- View No info
- On Site: 598 days
- Updated: Listing Refreshed: 281 Days Ago
SUN PLAZA SHOPS. The Strip Plaza is located just 150 yards from Palmetto 826 entrance on 27th Ave in Miami Gardens. Incredible vehicular and pedestrian traffic. Miami Gardens is one of the main areas of commercial and residential expansion in Miami-Dade. Leasable area is 9340 SF and it is currently 100% leased producing 5.60% CAP with the possibility of updating the rents to the current market within the next 12 months. All leases are Triple Net (NNN). Some tenants have been in the Plaza for more than 20 years. Recently repaired roof and parking lot. A great investment opportunity situated at one of the fastest growing areas in Miami! CAP 6.00%
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 05/31/2024 | Sold | $2,662,000.00 | 0.6% | $293.46 ft2/$3,158.81 m2 |
| 04/04/2024 | Price Reduced | $2,645,000.00 | 1.3% | $291.59 ft2/$3,138.63 m2 |
| 03/18/2024 | Price Reduced | $2,680,000.00 | 3.6% | $295.45 ft2/$3,180.17 m2 |
| 08/29/2023 | Price Reduced | $2,780,000.00 | 10.3% | $306.47 ft2/$3,298.83 m2 |
| 07/19/2023 | Listed | $3,100,000.00 | $341.75 ft2/$3,678.55 m2 |
Contact Information
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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