Neighborhood Retail
For Sale
Contact for pricing
17560 NW 27 AV 111, Miami Gardens, FL 33056
Existing insurance occupancy supports professional-services use within a neighborhood shopping center setting.
Property Size30,000 SF
Days on Market47
Property Features for 17560 NW 27 AV 111
General Information
Standard status
Active
Size
30,000 SF
Property subtype
Commercial
Site & Location
Neighborhood
Stadium Corners
Taxes and HOA fees
Annual Taxes
$68,641
Building Details
Building Size
30,000 SF
Tenancy
Single
Listing Agency:
Castillo & Associates Real Estate, Inc
Listed By:
Maydelin Castillo Florez · License #3251567
(305) 778-5383
Source:
Elliman
Added: Sep 19
Changed: Oct 29
Last Checked: Nov 3 at 6:11AM
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 Castillo & Associates Real Estate, Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space is located within a neighborhood shopping center and is currently occupied by Univista Insurance. The setting is suited to insurance, professional services, retail, and other businesses serving the surrounding community. Its established commercial context provides a customer-facing environment for both retail and office-oriented operations.
The property is at 17560 NW 27 AV 111 in Miami Gardens, Florida, near Hard Rock Stadium and major roadways. The surrounding market includes a residential community, while location scores indicate a 39 bike score, 41 walk score, and 48 transit score. The property is characterized as somewhat bikeable, car-dependent, and served by some transit.
The property is at 17560 NW 27 AV 111 in Miami Gardens, Florida, near Hard Rock Stadium and major roadways. The surrounding market includes a residential community, while location scores indicate a 39 bike score, 41 walk score, and 48 transit score. The property is characterized as somewhat bikeable, car-dependent, and served by some transit.
Key Highlights
- Retail space within a neighborhood shopping center
- Currently occupied by Univista Insurance
- Suitable for insurance, professional services, retail, and other neighborhood‑serving businesses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$364,354
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,287,080
$7.3M
Cap Rate 7%
$5,205,057
$5.2M
Cap Rate 9%
$4,048,378
$4.0M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$550.8K $18.36/SF
− Vacancy
−$30.3K −$1.01/SF
EGI
$520.5K $17.35/SF
− OpEx
−$156.2K −$5.21/SF
NOI
$364.4K $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%
$7,287,080
Cap Rate 7%
$5,205,057
Cap Rate 9%
$4,048,378
Alternative Uses
Best Use
Retail
$5.21M
$4.55M – $6.07M
NOI $364,354 @ 7.0% cap · market cap 17,350.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.93M
$7.81M – $10.42M
NOI $625,199 @ 7.0% cap · market cap 29,771.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Existing insurance occupancy supports professional-services use within a neighborhood shopping center setting.
Where is this retail space located?
The property is located at 17560 NW 27 AV 111 Miami Gardens, FL.
What are key features of this property?
This property features: Retail space within a neighborhood shopping center; Currently occupied by Univista Insurance; Suitable for insurance, professional services, retail, and other neighborhood‑serving businesses
