1450 17th Ave ,Retail, Retail Space for Sale & Rent

1450 17th Ave for Sale & Rent

Price $4,150,000.00

• Lot size 16510
• Year Build 1946
• Waterfront
• Zip 33125
• Style
• Parking Description Additional Spaces Available
• Pool Yes
• Status Active

Description

This is a high-potential, value-add mixed-use corner building strategically located at 1450 NW 17th Ave, directly by the burgeoning River Landing District. The 16,510 sq. ft. property benefits from massive exposure on a highly trafficked artery, estimated to carry over 21,000 cars per day, making it ideal for retail and office tenants. With a strong 90% occupancy providing immediate cash flow and the recent successful completion of its 50-Year Recertification, the property offers stability, yet is poised for exceptional growth. The current average rent of $17.50/SF is dramatically below the submarket average of $34.80/SF, presenting a clear opportunity to achieve a massive 250% upside potential in NOI growth through strategic lease-up and market rent adjustments.

KENWOOD PB 6-134 LOTS 1 & 2 BLK 5 LOT SIZE 143.400 X 105

Corner Lot

This is a high-potential, value-add mixed-use corner building strategically located at 1450 NW 17th Ave, directly by the burgeoning River Landing District. The 16,510 sq. ft. property benefits from massive exposure on a highly trafficked artery, estimated to carry over 21,000 cars per day, making it ideal for retail and office tenants. With a strong 90% occupancy providing immediate cash flow and the recent successful completion of its 50-Year Recertification, the property offers stability, yet is poised for exceptional growth. The current average rent of $17.50/SF is dramatically below the submarket average of $34.80/SF, presenting a clear opportunity to achieve a massive 250% upside potential in NOI growth through strategic lease-up and market rent adjustments.

City:Miami,Zoning:6100,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:25.7883055,List Price:4150000,Listing Id:A11916474,Longitude:-80.2232467,Mls Status:Active,Year Built:1946,Inclusions:Building & Land,Leases,Postal Code:33125,Street Name:17th Ave,Coordinates:1:25.7883055,Photos Count:17,Days On Market:56,Lot Size Units:Square Feet,M I A M I R E_ Area:31,On Market Date:2025-09-24,Parcel Number:01-31-34-015-0560,Property Type:Commercial Sale,Stories Total:2,Street Number:1450,Public Remarks:This is a high-potential, value-add mixed-use corner building strategically located at 1450 NW 17th Ave, directly by the burgeoning River Landing District. The 16,510 sq. ft. property benefits from massive exposure on a highly trafficked artery, estimated to carry over 21,000 cars per day, making it ideal for retail and office tenants. With a strong 90% occupancy providing immediate cash flow and the recent successful completion of its 50-Year Recertification, the property offers stability, yet is poised for exceptional growth. The current average rent of $17.50/SF is dramatically below the submarket average of $34.80/SF, presenting a clear opportunity to achieve a massive 250% upside potential in NOI growth through strategic lease-up and market rent adjustments.,Structure Type:1:Office/Retail,County Or Parish:Miami-Dade County,Expiration Date:2026-03-23,List Office Name:Related ISG Realty, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Back On Market,Postal Code Plus4:2323,Property Sub Type:Retail,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:45044,Unparsed Address:1450 NW 17th Ave, Miami FL 33125,Listing Agreement:Exclusive Right To Sell,Building Area Total:16510,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:15057,M I A M I R E_ Flood Zone:AE,Number Of Buildings:1,Original List Price:4150000,Public Survey Range:31,I D X Participation Y N:1,M I A M I R E_ Last Status:Pending,M I A M I R E_ N A R Rules Y N:1,M I A M I R E_ Num Offices:11,Syndication Remarks:This is a high-potential, value-add mixed-use corner building strategically located at 1450 NW 17th Ave, directly by the burgeoning River Landing District. The 16,510 sq. ft. property benefits from massive exposure on a highly trafficked artery, estimated to carry over 21,000 cars per day, making it ideal for retail and office tenants. With a strong 90% occupancy providing immediate cash flow and the recent successful completion of its 50-Year Recertification, the property offers stability, yet is poised for exceptional growth. The current average rent of $17.50/SF is dramatically below the submarket average of $34.80/SF, presenting a clear opportunity to achieve a massive 250% upside potential in NOI growth through strategic lease-up and market rent adjustments.,Listing Contract Date:2025-09-24,Originating System I D:miamire,Public Survey Section:34,Street Number Numeric:1450,Tax Legal Description:KENWOOD PB 6-134 LOTS 1 & 2 BLK 5 LOT SIZE 143.400 X 105,M I A M I R E_ Current Price:4150000,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:This is a high-potential, value-add mixed-use corner building strategically located at 1450 NW 17th Ave. with a strong 90% occupancy.,M I A M I R E_ Parcel Number M L X:0560,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.788464$-80.223337$224.69$13.33$1.00$jJHns6_G8b6r28tUJWKjbA,Contract Status Change Date:2025-09-24,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,M I A M I R E_ Subdivision Number:15,M I A M I R E_ Agent Alternate Phone:786-327-3923,M I A M I R E_ Occupancy Percentage:90,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1450 NW 17th Ave,Internet Automated Valuation Display Y N:1,