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$ 7,950,000
Est. payment /mo
New
5700 NW 27th Ave Miami, FL 33142
4,538 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 4,538 sqft
Price per Sqft $1,751
MLS Listing ID A11987632
HOA Y/N No
Year Built 1952
Lot Size 0.760 Acres
Property Sub-Type Industrial
Property Description
This unique property consists of 4,538 SF of building space plus over 15,500 SF of semi-enclosed work areas dedicated to automotive repairs, situated on a gated 1.38-acre lot zoned UC-MCS, allowing for a variety of uses including automotive, self-storage, multifamily up to 90 units per acre, or mixed-use development up to 10 stories. The property offers flexibility to continue as an automotive repair and export facility or redevelop into multifamily, commercial, or other urban uses. Perfect for a credit tenant - auto dealership (car/truck/boat), EV service center, self-storage facility, or mixed-use project. It is located near the MLK Metrorail station and the planned North Corridor transit line, making it an excellent candidate for transit-oriented development or commercial redevelopment. The property includes a large amount of automotive equipment. It is currently owner-occupied and can be delivered vacant.
Situated on a high-visibility stretch of NW 27th Avenue in the Model City neighborhood, the property is adjacent to emerging developments such as the 41-unit multifamily project in Model City and benefits from spillover growth from nearby Allapattah and Wynwood. The area is seeing significant investment, including the Dulce Vida mixed-income housing (230 units), Anatomia high-rise (499 units), and Rubell family apartments (330 units), enhancing long-term growth and investment potential along this corridor.
Situated on a high-visibility stretch of NW 27th Avenue in the Model City neighborhood, the property is adjacent to emerging developments such as the 41-unit multifamily project in Model City and benefits from spillover growth from nearby Allapattah and Wynwood. The area is seeing significant investment, including the Dulce Vida mixed-income housing (230 units), Anatomia high-rise (499 units), and Rubell family apartments (330 units), enhancing long-term growth and investment potential along this corridor.
Location
State FL
County Miami-dade
Area 31
Exterior
Private Pool Yes
Others
Tax ID 30-31-16-009-6820
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11987632
Listed by AFS Living
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