17325 NW 27th Ave Miami Gardens, FL 33056
FOR SALE - Active
$8,000,000
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 21,387 ft2/1,986.92 m2
- Price Per: $374.06 ft2/$4,026.34 m2
- Type: Commercial/Investment
- Built: 1989
- HOA: No info
- MLS Number: A11689570
- View No info
- On Site: 9 days
- Updated: Listing Refreshed: 9 Days Ago
INVESTMENT HIGHLIGHTS: Building Size 24,964 sq ft, Lot Size 39,204 sq ft, Year Built 1989, 97% occupied, 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 . 5% annual rent increases 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.
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 11/07/2024 | Listed | $8,000,000.00 | $374.06 ft2/$4,026.34 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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