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Open-Plan Retail Space

2994 NW 54th St, Miami, FL 33142

For Lease
$2,600/Mo

Commercial Lease, Miami, FL

Space SizeContact for details
Lot Size0.20 Acres
Days on Market49

Property Features for 2994 NW 54th St

General Information

Property type Commercial Lease
Property subtype Other
Zoning description 6061
Subdivision 31
Standard status Active
APN 30-31-21-031-0850
Size 8,196 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description GLENWOOD HGTS PB 16-76 LOTS 2 TO 4 INC & W10FT LOT 30 BLK 4 LOT SIZE 85.000 X 100 OR 15913-1993 0593 2(2)
Legal Description GLENWOOD HGTS PB 16-76 LOTS 2 TO 4 INC & W10FT LOT 30 BLK 4 LOT SIZE 85.000 X 100 OR 15913-1993 0593 2(2)

Utilities

Cooling system Central Air

Amenities

common parking

Building Details

Year built 1923
Number of units 1
Flooring type Tile
Building materials Brick, Block
Listing Agency: The Keyes Company
Listed By: Yulkenia Holguin · License FL #3374664
Added: Sep 23 Changed: Nov 10 Last Checked: Nov 10 at 8:06PM
MLS# A12066721

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.

Rey
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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.

The retail property contains 8,196 square feet, with individual spaces of approximately 650 square feet. Units have open layouts, tile flooring, and central air. Brick and block construction dates to 1923.

Located at 2994 NW 54th St in Miami, the property includes common parking. Multiple units may be available.

Key Highlights

  • Approximately 650 square feet per unit
  • 8,196‑square‑foot retail property
  • Open layouts with tile flooring and central air

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Skin Care Clinic Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$0.57 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,244
Businesses Nearby
885
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Sunoco Shops & Services
885 visits/mo 0.2 miles

Demographics for 33142, FL

55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Miami, FL

$41.65 /SF/Yr
Avg Asking Price
$1.16–$135 /SF/Yr
Price Range
8,834 SF
Avg Space Size

This space is priced 91% below the average of $41.65 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Miami, FL

$38.03 Jul
$36.24 Aug
$38.73 Sep
$41.7 Oct

Properties on Market for Retail space in Miami

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Individual suites offer flexible space for retail or professional business use, with common parking.
Where is this retail space located?
The property is located at 2994 NW 54th St Miami, FL.
What is the lease rate?
The lease rate is $2,600/Mo.
What are key features of this property?
This property features: Approximately 650 square feet per unit; 8,196‑square‑foot retail property; Open layouts with tile flooring and central air
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Includes: Price & PSF · Cap rate · Location · Zoning

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