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Two-Story Shopping Center
For Sale
$2,199,000

516 NW 57th Ave, Miami, FL 33126

COMMERCIAL - Miami, FL

Property SizeContact for details
Lot Size0.22 Acres
Days on Market80

Property Features for 516 NW 57th Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 6107
Parking 14
Parking features Assigned, Guest
Security features Security Lighting
Directions 516 NW 57TH AV, In front of Pollo Tropical.
Subdivision 40
Standard status Active
APN 01-40-01-003-3021
Lot size 0.22 Acres

Taxes and HOA fees

Tax Description WEST FLAGLER PARK PB 8-96 LOTS 19 & 20 BLK 17 LOT SIZE IRREGULAR OR 17985-1904 0298 1
Tax Annual Amount 22117
Legal Description WEST FLAGLER PARK PB 8-96 LOTS 19 & 20 BLK 17 LOT SIZE IRREGULAR OR 17985-1904 0298 1

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1974
Floors in Building 2
Number of units 14
Flooring type Vinyl
Building materials Block
Listing Agency: Florida Realty of Miami Corp
Listed By: Lady Sjostrom · License #3280620
Added: Jun 1 Changed: Aug 19 Last Checked: Aug 19 at 7:06PM
MLS# A11837406

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 two-story shopping center contains 14 total units, including five ground-floor stores and nine second-floor offices. The 1974 building is constructed with block materials and features vinyl flooring, central heating, and central air conditioning. Assigned and guest parking are available on site.

The property occupies 0.2241 acres at 516 NW 57th Ave in Miami, Florida. Miami International Airport is approximately five minutes away, and the surrounding commercial corridor includes CVS, Pollo Tropical, and Wendy's. The property has completed its 40-Year Recertification, documenting compliance with structural and safety requirements.

Key Highlights

  • 14 total units: 5 first‑floor stores and 9 second‑floor offices
  • 0.2241‑acre shopping center at 516 NW 57th Ave, Miami, FL 33126
  • Approximately five minutes from Miami International Airport

Property Analytics

Current Use

NRG Glass Hardware Building Supply Home Tech Support Center Miami Counseling LLC Crisis Center Rio Management Group Property Management Company Seife Software Services ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Gym & Fitness Center Acupuncture Grocery & Convenience Store Food Market Garden Center

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

9
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,367
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33126, FL

48,751
Population
19,725
Households
2.5
Avg Household Size
44
Median Age
28%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
9,028
Density / Sq Mi
$55,722
Median Household Income
$32,607
Median Earnings
$1,651
Median Rent
$299,800
Median Home Value

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Mixed retail and office property with central air, assigned parking, and guest parking.
Where is this shopping center located?
The property is located at 516 NW 57th Ave Miami, FL.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: 14 total units: 5 first‑floor stores and 9 second‑floor offices; 0.2241‑acre shopping center at 516 NW 57th Ave, Miami, FL 33126; Approximately five minutes from Miami International Airport
More about this property
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