Interior
- Bathrooms
- 0
Active · MixedUse
$1,500,000
1650 NW 27th Ave, Miami, FL 33125
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1938
- Lot size
- 5,500 sq ft
- HOA fee
- —
- Annual tax
- $10,850
About this property
Commercial assemblage consisting of three (3) parcels being offered for sale together in a high-traffic Miami-Dade County location. The assemblage includes one commercially zoned parcel fronting NW 27th Avenue and two adjacent residential parcels, creating a combined land area of approximately 18,000+ square feet. The property is currently income-producing and utilized for automotive purposes. Excellent visibility and accessibility with close proximity to major roadways, surrounding residential neighborhoods, established commercial uses, Miami International Airport and minutes away from the future Miami Freedom Park. Suitable for a variety of commercial or mixed-use opportunities, subject to zoning and municipal approvals (buyer to verify). PLEASE DO NOT DISTURB TENANTS
Property location
Get Directions1650 NW 27th Ave, Miami, FL 33125
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Facts & features
Exterior & Structure
- Property type
- MixedUse
- Year built
- 1938
- Lot size
- 5,500 sq ft
Parking
- Covered spaces
- 0
- Parking features
- Common, Other, On Street
HOA, Community & Financials
- Annual tax
- $10,850
- County
- Miami-Dade
- Days on market
- 201
- MLS listing ID
- A11937038
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$1,465
- Cap rate
- 4.5%
- Net yield
- 4.5%
- Cash-on-cash return
- -4.2%
- Gross yield
- 6.6%
- Mortgage payment
- $7,111/mo
- Down payment
- $375,000
- Loan amount
- $1,125,000
- Annual NOI
- $67,750
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.