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    Auto/Boat Dealership on High-Traffic Thoroughfare Title is generated by Realmo AI

    3700 & 3750 NW 27 AVE, Miami, FL 33142

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    Claim this Listing
    For Sale
    $44,000

    Prime location for auto/boat dealership with repair shop.

    Type:Commercial
    Property size:
    10,000 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $4/SF
    Added:
    May 14, 2026
    Days on Market:
    18
    Last Refresh:
    May 14 at 4:03 pm

    Property Features for 3700 & 3750 NW 27 AVE

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Lot size
    2.00 Acres
    Property subtype
    Commercial

    We can help!

    Listing Contact
    Victoria Blintser

    Listing agent Victoria Blintser License #0651867

    Listing office Victoria Blintser Real Estate Group LLC

    Listing date May 14, 2026

    Source Elliman

    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 Victoria Blintser Real Estate Group LLC

    HighLights

    • Prime location with almost 300 ft frontage on NW 27th Ave (US RT‑9) and high traffic count.
    • Existing auto/boat dealership with auto repair and body shop, licensed by D.E.R.M.
    • Almost 2 acres of land.
    • 10,000 sq ft showroom and offices.
    • Located at the exit ramp of RT. 112 (Airport Expressway), near major routes and Miami Airport.
    • Proximity to Design District, Wynwood, Midtown, Downtown Miami, South Beach, Hialeah, and Coral Gables.

    Overview

    This property presents a unique opportunity for an auto or boat dealership, complete with an auto repair and auto body shop licensed by D.E.R.M. Situated on almost 2 acres of land, the property features approximately 300 feet of frontage on N.W. 27th Avenue (US RT-9), a three-lane main thoroughfare with a D.O.T. traffic count of 50,000 cars per day. The property includes 10,000 square feet of showroom and offices. The location is at the exit ramp of RT. 112 (Airport Expressway), one block from N.W. 36th Street, a major east-west route in Miami-Dade County. It is one exit before Miami Airport, 5 minutes from the Design District, Wynwood, and Midtown, 10 minutes from Downtown Miami and South Beach, 5 minutes from Hialeah, and 10 minutes from Coral Gables. Neighboring businesses include Jet Ski of Miami, Burger King, Wendy's, KFC, and Taco Bell. A car and boat dealership has operated on this site for over 50 years. The property will be available July 1st. The bike score is 47, indicating it is somewhat bikeable, the walk score is 64, indicating it is somewhat walkable, and the transit score is 44, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    A Floribbean Experience Boat Rental Service Credit Master - Car ... Car Dealership AnyCar Wholesale. Car Dealership Concept Auto Inc Car Dealership

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Luty's Auto Repair — 3301 NW 28th St, Miami, FL 33142
    • Alberto Locksmi Dentmaster — 3315 NW N River Dr, Miami, FL 33142
    • GMS Towing — 3023 NW 28th St, Miami, FL 33142
    • Carshaun Stereo Shop — 2770 NW 32nd Ave, Miami, FL 33142
    • Motos and scooter repair shop — 2777 nw 32nd ave, miami, fl 33142

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.240738
    Latitude
    25.810408

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    FAQs

    What type of property is this?
    Auto shop - Prime location for auto/boat dealership with repair shop.
    Where is this auto shop located?
    The property is located at 3700 & 3750 NW 27 AVE Miami, FL.
    What is the asking price?
    The asking price for this property is $44,000.
    What are key features of this property?
    This property features: Prime location with almost 300 ft frontage on NW 27th Ave (US RT‑9) and high traffic count.; Existing auto/boat dealership with auto repair and body shop, licensed by D.E.R.M.; Almost 2 acres of land.
    (954) 557-5012
    We can help!
    Listing Contact
    Victoria Blintser
    Real Estate License ID: 0651867
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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