17325 27th Ave ,Mixed Use, Retail for Sale & Rent

17325 27th Ave for Sale & Rent

Price $6,950,000.00

• Lot size 39204
• Year Build 1989
• Waterfront
• Zip 33056
• Style
• Parking Description Common, Free Parking
• Pool Yes
• Status Active

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.

10 52 41 .90 AC M/L MYRTLE GROVE 2ND ADDN PB 65-103 S137.99FT OF N487.99FT OF PARCEL A LOT SIZE IRREGULAR OR 20793-4230 1002 1 F/A/U 30-2110

City Location, Shopping Center

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.

City:Miami Gardens,Zoning:6500,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:25.9325558,List Price:6950000,Listing Id:A11822575,Longitude:-80.2443736,Mls Status:Active,Ownership:Limited Partnership,Year Built:1989,Inclusions:Building & Land,Postal Code:33056,Street Name:27th Ave,Tenant Pays:1:Electricity,2:Real Estate Tax,3:Sales Tax,Coordinates:1:25.9325558,Lot Features:1:Shopping Center,Photos Count:5,Building Name:Clearview Shops,Business Type:1:Retail Space,Days On Market:128,Lot Size Units:Square Feet,M I A M I R E_ Area:21,On Market Date:2025-06-16,Parcel Number:34-21-10-011-1390,Parking Total:85,Property Type:Commercial Sale,Stories Total:2,Street Number:17325,Public Remarks: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.,County Or Parish:Miami-Dade County,Expiration Date:2027-06-30,List Office Name:Castillo & Associates Real Estate, Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Parking Features:1:Free Parking,Postal Code Plus4:4056,Property Sub Type:Mixed Use,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:53548,Unparsed Address:17325 NW 27th Ave, Miami Gardens FL 33056,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Year Built Details:Resale,Building Area Total:21387,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:39204,M I A M I R E_ Flood Zone:AE,M I A M I R E_ Num Floors:2,Number Of Buildings:1,Original List Price:6998000,Previous List Price:6998000,Public Survey Range:21,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2025-06-16,Originating System I D:miamire,Public Survey Section:10,Street Number Numeric:17325,Tax Legal Description:10 52 41 .90 AC M/L MYRTLE GROVE 2ND ADDN PB 65-103 S137.99FT OF N487.99FT OF PARCEL A LOT SIZE IRREGULAR OR 20793-4230 1002 1 F/A/U 30-2110,M I A M I R E_ Current Price:6950000,M I A M I R E_ Owner Agent Y N:1,Public Survey Township:21,M I A M I R E_ Municipal Code:34,M I A M I R E_ Total Mortgage:2800000,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Opportunity to own a strong stable investment property. Centrally located in a dense area with high traffic. Cap rate 7.03% 100% occupies NNN lease,M I A M I R E_ Parcel Number M L X:1390,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.932458$-80.244329$68.04$13.33$1.00$Krep_Fyysx1FIyp5hWoDAg,M I A M I R E_ Supplement Count:1,Contract Status Change Date:2025-06-16,Distance To Freeway Numeric:1,Internet Address Display Y N:1,Number Of Units In Community:24,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:11,M I A M I R E_ Building Name Number:Clearview Shops,M I A M I R E_ Agent Alternate Phone:305-778-5383,M I A M I R E_ Property Description:Mix Use Commercial Building,M I A M I R E_ Supplemental Remarks:The property is located on an excellent location near the Miami Dade and Broward County line Located 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 Avenue Dense population, in excess of 655,000 within 5-mile radius,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:17325 NW 27th Ave,