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Retail Property in Opportunity Zone
For Sale
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5832 NW 27th Ave, Miami, FL 33142

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

Property SizeContact for details
Lot Size0.31 Acres
Days on Market252

Property Features for 5832 NW 27th Ave

General Information

Standard status Active
Lot size 0.31 Acres
Property subtype Commercial

Building Details

Year Built 1930
Listing Agency:
Listed By: Mauricio Fernandez Piqueras
Source: Elliman
Added: Nov 27, 2025 Changed: Jul 6 Last Checked: Aug 5 at 10:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mauricio Fernandez Piqueras

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Law Firm Hair Salon Dental Office Nail Salon

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

1,142
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33142, FL

55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
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Similar Off Market Nearby

  • Same Day Flower Delivery 2717 nw 54th st, miami, fl 33142
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Frequently Asked Questions

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 Off market.
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.
More about this property
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