$550,000
For Sale

5001 NW 17th Ave

Miami, FL 33142
Browse 15 photos
Type:Purchase
Zone:Commercial

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

  • Property Details
      • Lot DescriptionCorner Unit, Corner Lot, In Residential Area
      • Parking TypeCommon, On Street
      • CountyMiami-Dade County
      • Property SubtypeSpecial Purpose
      • Structure TypeFree Standing
      • MLS #A11812420
      • MLS #A11812420
      • Property TypePurchase
      • Utility SourcePublic
      • Cost550000
      • Year Built1968
      • Stories2

Location

Don - InvestmentDonald Dillon
OR

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