5001 NW 17th Ave new Save Request In-Person Tour Request Virtual Tour
Miami,FL 33142
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Square Footage 3,082 sqft
Price per Sqft $178
MLS Listing ID A11812420
Year Built 1968
Annual Tax Amount $4,920
Tax Year 2024
Lot Size 4,490 Sqft
Property Sub-Type Special Purpose
Property Description
DO NOT MISS OUT! Income Producing Add Value Play! Lowest Priced Free-Standing Mixed-Use Building in City of Miami! Hard Corner lot fronting NW 17 Ave. Zoning allows many commercial/ residential uses (Apt, Restuarant, Retail, Offices, & more). Property operating as church/apartment w Full Kitchen downstairs and two 1/1 apt upstairs. 8% CAP. Current Rent $4500 a month total. Leases exp DEC 2025. Fenced Corner lot w 5 parking spaces. Ample street parking. 3 FPL & 1 Water meter. Roof & Electrical upgraded last 7 yrs. 40 Yr cert approved. Perfect for the creative add value investor to purchase with income and add value by changing use to retail, restaurant, and more. T5-O zoning also allows 65 units per acre or can be T6-8-O (150 units per acre) w Live Local Act. Opportunity Zone. Flood Zone X
Location
State FL
County Miami-dade
Area 31
Interior
Heating Central,Window Unit,Wall Furnace
Cooling Central Air,Wall/Window Unit(s)
Flooring Carpet,Other,Tile
Exterior
Roof Type Other
Building
Story 2
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Corporate Listing
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11812420