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Retail Plaza with Available Unit
For Sale
$1,500,000

3251 NW 183rd St, Miami Gardens, FL 33056

Commercial Sale, Miami Gardens, FL

Property Size5,023 SF
Lot Size0.47 Acres
Price / SF$298.63
Days on Market29

Property Features for 3251 NW 183rd St

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description 6500
Lot features Flood Zone
Subdivision 21
Standard status Active
APN 34-21-04-003-1800
Lot size 0.47 Acres

Taxes and HOA fees

Tax Description 4 52 41 GARDEN RD HIGHLANDS PB 15-64 S20FT OF LOTS 10 TO 14 INC & ALL LOTS 37 THRU 41 BLK M LESS PORT OF LOTS 37 THRU 41 DESC COMM AT NE COR
Legal Description 4 52 41 GARDEN RD HIGHLANDS PB 15-64 S20FT OF LOTS 10 TO 14 INC & ALL LOTS 37 THRU 41 BLK M LESS PORT OF LOTS 37 THRU 41 DESC COMM AT NE COR

Building Details

Year built 1962
Listing Agency: Trustpoint Realty, LLC.
Listed By: Andres Villarreal · License #3606293
Added: Sep 9 Changed: Oct 3 Last Checked: Oct 7 at 6:06PM
MLS# A12069499

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,023-square-foot retail plaza includes a currently available 900-square-foot unit within the property. The suite was previously occupied by a beauty salon, providing a defined commercial space for a new occupant. Built in 1962, the property offers a retail-focused configuration suitable for owner-user or investor consideration.

The plaza is located at 3251 NW 183rd Street in Miami Gardens, within Miami-Dade County. Its position along busy NW 183rd Street provides visibility and convenient access for retail and personal-service operations.

Key Highlights

  • 5,023‑square‑foot retail plaza
  • 900‑square‑foot unit currently available
  • Previously occupied by a beauty salon

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,005
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,220,100 $1.2M
Cap Rate 7%
$871,500 $871.5K
Cap Rate 9%
$677,833 $677.8K
Market Conditions
NOI Build-Up for 5,023 SF
Gross rent
$92.2K $18.36/SF
− Vacancy
−$5.1K −$1.01/SF
EGI
$87.2K $17.35/SF
− OpEx
−$26.1K −$5.21/SF
NOI
$61.0K $12.15/SF
Area
Miami Gardens, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,220,100
Cap Rate 7%
$871,500
Cap Rate 9%
$677,833

Alternative Uses

Best Use
Retail
$871.5K
$762.6K – $1.02M (±1% cap)
NOI $61,005 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.31M – $1.74M (±1% cap)
NOI $104,679 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

718
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33056, FL

36,556
Population
12,155
Households
3
Avg Household Size
37
Median Age
18%
College-Educated
84%
High-School Grad
6.1 sq mi
ZIP Area
5,993
Density / Sq Mi
$62,255
Median Household Income
$33,179
Median Earnings
$1,659
Median Rent
$332,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Established retail property with a vacant suite along NW 183rd Street.
Where is this shopping center located?
The property is located at 3251 NW 183rd St Miami Gardens, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 5,023‑square‑foot retail plaza; 900‑square‑foot unit currently available; Previously occupied by a beauty salon
More about this property
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