2828 NW 17th Ave - Storefront Retail/Office FOR SALE


Miami, FL 33142
$1,800,000 USD
305-753-4200
2828 NW 17th Ave, Miami, FL for Sale
$1,800,000 USD
Storefront Retail/Office - FOR SALE
1/17
null | 3.5% Cap Rate

2828 NW 17th Ave
Miami, FL 33142


HIGHLIGHTS

  • JUST OFF 29 ST ON 17TH AVENUE CORRIDOR
  • LOCATED NEAR MAJOR NEIGHBORHOODS
  • DEVELOPMENT POTENTIAL
  • VALUE ADD
  • PARKING
  • HIGH TRAFFIC CORRIDOR

OVERVIEW

Located at 2828 NW 17 Ave, just off 29th Street—one of Allapattah's primary corridors connecting the neighborhood to the vibrant districts of Wynwood and Edgewater—this property offers unparalleled visibility and accessibility. Sitting on 17th Avenue, another major thoroughfare with a daily traffic count of approximately 19,500 vehicles, it benefits from consistent exposure in one of Miami's most rapidly growing and sought-after submarkets as the city continues its westward expansion. This 3,274 SF building is divided into three units, currently housing a barbershop, an office (to be delivered vacant), and a shipping service tenant. This allows a unique opportunity for an owner user to occupy one unit and collect rent from the others. The property is zoned T6-8-O, which allows for mid-rise development, including mixed-use projects with up to 26 multi-family units. Whether you're looking for a solid buy-and-hold investment with Value Add and appreciation, or planning a future development, this property presents an exceptional opportunity in a submarket on the rise.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$550 USD /SF

CAP RATE

3.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Allapattah High-Traffic Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

T6-8-O

APN/PARCEL ID

01-3127-055-0220,01-3127-055-0230

ASK ABOUT THIS PROPERTY

Joshua JimenezSTL CommercialMore Info
305-753-4200

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Joshua JimenezSTL CommercialMore Info
305-753-4200

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