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Overtown Miami Leased Office Building
For Sale
$3,000,000

1525-27 NW 3rd Ave, Miami, FL 33136

Fully leased office building in Overtown, Miami.

Property Size2,800 SF
Lot Size0.08 Acres
Days on Market163

Property Features for 1525-27 NW 3rd Ave

General Information

Standard status Active
Size 2,800 SF
Lot size 0.08 Acres
Property subtype Commercial
Lease Term 4 to 6 years

Taxes and HOA fees

Annual Taxes $3,482

Building Details

Building Size 2,800 SF
Year Built 1941
Stories 2
Listing Agency: Douglas Elliman
Listed By: Alejandro Riocabo · License #0303368
Source: Elliman
Added: Mar 11 Changed: Aug 19 Last Checked: Aug 19 at 12:13PM

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 Douglas Elliman

Investment Insights

Based on property information with market context.

The City Club Building in Overtown, Miami, is currently entirely leased for $25.00 per square foot on a triple net lease basis. The property is located at 1525 NW 3rd Ave, Miami, FL 33136.

Key Highlights

  • Entirely Leased, providing immediate income.
  • $25.00 Per Square Foot NNN.
  • Prestigious City Club Building.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic Pet Grooming Service Butcher Adult Day Care

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

4,567
Businesses Nearby

Demographics for 33136, FL

15,439
Population
7,994
Households
1.9
Avg Household Size
36
Median Age
25%
College-Educated
73%
High-School Grad
1.4 sq mi
ZIP Area
11,028
Density / Sq Mi
$43,481
Median Household Income
$34,130
Median Earnings
$1,337
Median Rent
$352,700
Median Home Value

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Fully leased office building in Overtown, Miami.
Where is this office building located?
The property is located at 1525-27 NW 3rd Ave Miami, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Entirely Leased, providing immediate income.; $25.00 Per Square Foot NNN.; Prestigious City Club Building.
More about this property
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