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    5832 NW 27Th Ave Miami, FL 33142

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    For Sale
    Contact for pricing

    Retail property in Miami's NW 27th Ave corridor for sale.

    Lot size:
    0.31 Acres

    Property Features for 5832 NW 27Th Ave

    General Information

    Lot size
    0.31 Acres

    Building Details

    Year built
    1930

    Source: LA PREMIERE Realty Agent Mauricio Fernandez Piqueras

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property in Opportunity Zone

    Located in the NW 27th Avenue corridor of Miami, Florida, this retail property at 5832 NW 27th Ave is positioned in an area with a reported traffic count of over 35,000 cars daily. The property is situated within an Opportunity Zone, potentially offering tax benefits. It is centrally located in the Rapid Transit North Corridor, a $1.9 billion initiative focused on improving public transportation, and is a few blocks from the Dr. Martin Luther King Jr. Plaza station. A project is underway to increase the population in the area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Same Day Flower Delivery, 7rébol Corp.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.241344
    Latitude
    25.827852

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    FAQs

    What type of property is this?
    Storefront property - Retail property in Miami's NW 27th Ave corridor for sale.
    Where is this storefront property located?
    The property is located at 5832 NW 27Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $7,000.
    What are key features of this property?
    This property features: - High traffic count (35,000 +/- daily cars) on NW 27th Ave.; - Located in an Opportunity Zone, offering potential tax benefits.; - Centrally located in the Rapid Transit North Corridor, a $1.9 billion public transportation initiative.
    (305) 927-8103
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    5832 NW 27Th Ave Miami, FL 33142
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    Miami, FL 33142
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5832 NW 27Th Ave Miami, FL 33142
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