Retail Shopping Center with
New
For Sale
$9,425,000
19501 NW 2nd Ave, Miami Gardens, FL 33169
Commercial Sale, Miami Gardens, FL
Property Size27,872 SF
Lot Size1.68 Acres
Price / SF$338.15
Days on Market2
Property Features for 19501 NW 2nd Ave
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
6500
Parking
80
Subdivision
11
Standard status
Active
APN
34-21-01-012-1330
Lot size
1.68 Acres
Taxes and HOA fees
Tax Description
1 52 41 SIERRA 2ND ADDN PB 57-7 LOTS 6 TO 13 INC & LOTS 5 & 14 LESS N50.27FT BLK 30 LOT SIZE 73260 SQUARE FEET OR 16160-2745 1193 1 F/A/U 30
Legal Description
1 52 41 SIERRA 2ND ADDN PB 57-7 LOTS 6 TO 13 INC & LOTS 5 & 14 LESS N50.27FT BLK 30 LOT SIZE 73260 SQUARE FEET OR 16160-2745 1193 1 F/A/U 30
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2021
Floors in Building
2
Listing Agency:
The Keyes Company
(305) 931-8920
Listed By:
Jaime Esquenazi · License #3212780
(305) 796-6743
Added: Oct 9
Last Checked: Oct 10 at 5:06AM
MLS# A12103773
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail shopping center was built in 2021 and contains 27,872 square feet of building area on a 73,260-square-foot parcel, or 1.6818 acres. The property has 80 parking spaces and is served by public water and sewer.
Located on NW 2nd Avenue in Miami Gardens, the center fronts the Highway 441 commercial corridor. The property is just north of the Golden Glades interchange, with connections to I-95, Florida’s Turnpike, State Route 441 and State Route 826. The listing describes a population of nearly 701,500 within a 15-minute drive.
Located on NW 2nd Avenue in Miami Gardens, the center fronts the Highway 441 commercial corridor. The property is just north of the Golden Glades interchange, with connections to I-95, Florida’s Turnpike, State Route 441 and State Route 826. The listing describes a population of nearly 701,500 within a 15-minute drive.
Key Highlights
- 27,872‑square‑foot retail building on a 73,260‑square‑foot parcel
- 1.6818 acres
- 80 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$338,509
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,770,180
$6.8M
Cap Rate 7%
$4,835,843
$4.8M
Cap Rate 9%
$3,761,211
$3.8M
Market Conditions
NOI Build-Up for 27,872 SF
Gross rent
$511.7K $18.36/SF
− Vacancy
−$28.1K −$1.01/SF
EGI
$483.6K $17.35/SF
− OpEx
−$145.1K −$5.21/SF
NOI
$338.5K $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%
$6,770,180
Cap Rate 7%
$4,835,843
Cap Rate 9%
$3,761,211
Alternative Uses
Best Use
Retail
$4.84M
$4.23M – $5.64M
NOI $338,509 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.30M
$7.26M – $9.68M
NOI $580,852 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,175
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33169, FL
42,308
Population
14,815
Households
2.9
Avg Household Size
37
Median Age
22%
College-Educated
85%
High-School Grad
6.8 sq mi
ZIP Area
6,222
Density / Sq Mi
$59,686
Median Household Income
$34,327
Median Earnings
$1,536
Median Rent
$352,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Built in 2021, the property includes on-site parking and public water and sewer service.
Where is this shopping center located?
The property is located at 19501 NW 2nd Ave Miami Gardens, FL.
What is the asking price?
The asking price for this property is $9,425,000.
What are key features of this property?
This property features: 27,872‑square‑foot retail building on a 73,260‑square‑foot parcel; 1.6818 acres; 80 parking spaces
