Mixed-Use Storefront
New
For Sale
$1,445,000
17690 NW 27th Ave, Miami Gardens, FL 33056
The property combines street-level storefront space with second-floor offices and zoning that includes residential uses.
Property Size3,993 SF
Price / SF$289
Days on Market2
Property Features for 17690 NW 27th Ave
General Information
Standard status
Active
Size
3,993 SF
Property subtype
Commercial
Site & Location
Neighborhood
Town Center
Traffic Count
30,000 vehicles/day
Mixed-Use Components
retail, office
Taxes and HOA fees
Annual Taxes
$14,000
Building Details
Building Size
3,993 SF
Year Built
1959
Buildings
1
Stories
2
Listed By:
Gil Brendel · License #3280161
(786) 766-0336
Source:
Elliman
Added: Oct 23
Last Checked: Oct 23 at 7:18AM
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 Gil Brendel
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.
At 17690 NW 27th Ave in Miami Gardens, this freestanding mixed-use property contains 5,000 SF across two floors. The ground level has 4,000 SF of storefront space, while the second floor provides 1,000 SF of office area. Zoning includes Store/Residential and Residential uses.
The building sits along a corridor carrying approximately 30,000 vehicles per day. The roof is four years old, and the asphalt and topcoat have recently been redone. Owner financing may be considered.
The building sits along a corridor carrying approximately 30,000 vehicles per day. The roof is four years old, and the asphalt and topcoat have recently been redone. Owner financing may be considered.
Key Highlights
- 5,000 SF freestanding mixed‑use property
- 4,000 SF of ground‑floor storefront space and 1,000 SF of second‑floor offices
- Zoning includes Store/Residential and Residential uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,500
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,410,000
$1.4M
Cap Rate 7%
$1,007,143
$1.0M
Cap Rate 9%
$783,333
$783.3K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$120.0K $24.00/SF
− Vacancy
−$7.2K −$1.44/SF
EGI
$112.8K $22.56/SF
− OpEx
−$42.3K −$8.46/SF
NOI
$70.5K $14.10/SF
Area
Miami Gardens, FL
Vacancy
6.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,410,000
Cap Rate 7%
$1,007,143
Cap Rate 9%
$783,333
Alternative Uses
Best Use
Mixed Use
$1.01M
$881.3K – $1.18M
NOI $70,500 @ 7.0% cap · market cap 4.88%
Second Best
Retail
$867.5K
$759.1K – $1.01M
NOI $60,726 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,200 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
30,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
970
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines street-level storefront space with second-floor offices and zoning that includes residential uses.
Where is this mixed-use property located?
The property is located at 17690 NW 27th Ave Miami Gardens, FL.
What is the asking price?
The asking price for this property is $1,445,000.
What are key features of this property?
This property features: 5,000 SF freestanding mixed‑use property; 4,000 SF of ground‑floor storefront space and 1,000 SF of second‑floor offices; Zoning includes Store/Residential and Residential uses
