Mixed-Use Seafood Market
New
For Sale
$5,250,000
14007 NW 27 Ave, Opa Locka, FL 33054
The property combines seafood retail space with warehouse, cold storage, and a second-floor residential unit.
Property Size11,400 SF
Lot Size0.60 Acres
Price / SF$460.53
Days on Market2
Property Features for 14007 NW 27 Ave
General Information
Standard status
Active
Size
11,400 SF
Lot size
0.60 Acres
Property subtype
Commercial
Zoning
B-3 and B-2
Additional Details
Business Included
Yes
Road Access
Yes
Cold Storage
Yes
Building Details
Building Size
11,400 SF
Listing Agency:
Reategui R.E. & Investments
Listed By:
Gabriel Reategui · License #3035863
(305) 491-3288
Source:
Elliman
Added: Oct 16
Last Checked: Oct 16 at 1:59PM
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 Reategui R.E. & Investments
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A seafood market and its real estate are offered together. The approximately 11,400 SF of improvements include retail, warehouse, and cold storage areas, along with a residential unit on the second floor. The property is zoned B-3 and B-2.
Set on a 26,136 SF corner lot, the property fronts NW 27th Ave in Opa-Locka. NW 27th Ave is also State Road 9, with approximately 25,000 vehicles per day recorded as FDOT AADT.
Set on a 26,136 SF corner lot, the property fronts NW 27th Ave in Opa-Locka. NW 27th Ave is also State Road 9, with approximately 25,000 vehicles per day recorded as FDOT AADT.
Key Highlights
- Approximately 11,400 SF of improvements
- 26,136 SF corner lot with frontage on NW 27th Ave
- Retail, warehouse, and cold storage areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$371,933
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,438,660
$7.4M
Cap Rate 7%
$5,313,329
$5.3M
Cap Rate 9%
$4,132,589
$4.1M
Market Conditions
NOI Build-Up for 11,400 SF
Gross rent
$592.3K $51.96/SF
− Vacancy
−$61.0K −$5.35/SF
EGI
$531.3K $46.61/SF
− OpEx
−$159.4K −$13.98/SF
NOI
$371.9K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,438,660
Cap Rate 7%
$5,313,329
Cap Rate 9%
$4,132,589
Alternative Uses
Best Use
Specialty Retail
$7.70M
$6.73M – $8.98M
NOI $538,655 @ 7.0% cap · market cap 10.26%
Second Best
Retail
$5.31M
$4.65M – $6.20M
NOI $371,933 @ 7.0% cap · market cap 7.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,389
Businesses Nearby
Explore this area
Business Placement
Demographics for 33054, FL
30,352
Population
10,263
Households
3
Avg Household Size
37
Median Age
10%
College-Educated
75%
High-School Grad
8.4 sq mi
ZIP Area
3,613
Density / Sq Mi
$42,779
Median Household Income
$31,147
Median Earnings
$1,346
Median Rent
$291,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines seafood retail space with warehouse, cold storage, and a second-floor residential unit.
Where is this mixed-use property located?
The property is located at 14007 NW 27 Ave Opa Locka, FL.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Approximately 11,400 SF of improvements; 26,136 SF corner lot with frontage on NW 27th Ave; Retail, warehouse, and cold storage areas
