Price Reduced 14.68%


Price History

$3,100,000
7/19/2023

$2,780,000
8/30/2023

$2,680,000
3/19/2024

$2,645,000
4/4/2024


16547 NW 27th Ave, Miami Gardens, FL, 33054

16547 NW 27th Ave, Miami Gardens, FL, 33054

1957

SUN PLAZA SHOPS. The Strip Plaza is located just 150 yards from Palmetto 826 entrance on 27th Ave in Miami Gardens. Incredible vehicular and pedestrian traffic. Miami Gardens is one of the main areas of commercial and residential expansion in Miami-Dade. Leasable area is 9340 SF and it is currently 100% leased producing 5.60% CAP with the possibility of updating the rents to the current market within the next 12 months. All leases are Triple Net (NNN). Some tenants have been in the Plaza for more than 20 years. Recently repaired roof and parking lot. A great investment opportunity situated at one of the fastest growing areas in Miami! CAP 6.00%


Status:

Pending

Type:

Commercial

Units:

8

Zoning:

6500

Garage:

Common, Free Parking, Handicap

Cooling:

Central Air

Parking:

50-car

Est. Taxes:

$48,165

Construction

Block

Days on Market:

83

Lease Term Type:

36 Months

MLS #:

A11422051


Community Info

School Info

Walk Score

Yelp



Listing courtesy of BELHOUSE REAL ESTATE, LLC Phone: 305-921-9789