Commercial property in Miami, Florida № 1758963

Commercial property in Miami, Florida № 1758963
ID1758963 $ 550 000
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1758963

Property description

DO NOT MISS OUT! Income Producing Add Value Play! Lowest Priced Free-Standing Mixed-Use Building in City of Miami! Hard Corner lot fronting NW 17 Ave. Zoning allows many commercial/ residential uses (Apt, Restuarant, Retail, Offices, & more). Property operating as church/apartment w Full Kitchen downstairs and two 1/1 apt upstairs. 8% CAP. Current Rent $4500 a month total. Leases exp DEC 2025. Fenced Corner lot w 5 parking spaces. Ample street parking. 3 FPL & 1 Water meter. Roof & Electrical upgraded last 7 yrs. 40 Yr cert approved. Perfect for the creative add value investor to purchase with income and add value by changing use to retail, restaurant, and more. T5-O zoning also allows 65 units per acre or can be T6-8-O (150 units per acre) w Live Local Act. Opportunity Zone. Flood Zone X
MLS #: A11812420
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CityMiami
Address5001 NW 17th Ave, Miami FL 33142
TypeCommercial property
Completion dateIV quarter, 1968
Parking places5
Parking typeOpen air
Price
  • Price
  • per m²
$ 550 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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