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14-Unit Shopping Center

516 NW 57th Ave, Miami, FL 33126

For Sale
New
$2,100,000

Commercial Sale, Miami, FL

Property SizeContact for details
Lot Size0.22 Acres
Days on Market5

Property Features for 516 NW 57th Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 6101
Parking 12
Parking features Guest
Subdivision 40
Special listing conditions Real Estate Owned, In Foreclosure
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 22067
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
Water source Public

Building Details

Year built 1974
Number of units 14
Listing Agency: Florida Realty of Miami Corp
Listed By: Lady Sjostrom · License #3280620
Added: Nov 5 Last Checked: Nov 9 at 6:06AM
MLS# A12117796

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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Investment Insights

Based on property information with market context.

The shopping center contains 14 units on a 0.2241-acre parcel. Built in 1974, the property has central heating and central air conditioning, public water, and guest parking. It has passed its 40-year recertification, and required repairs were completed this year.

The property is in Miami, approximately five minutes from MIA. Nearby businesses named include Pollo Tropical, CVS, Wendy’s, and Burlington.

Key Highlights

  • 14‑unit shopping center
  • Passed its 40‑year recertification; required repairs were completed this year
  • 0.2241‑acre parcel

Property Analytics

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Shopping centers in Miami, FL

$643 Jul
$783 Aug
$713 Sep
$815 Oct

Properties on Market for Shopping centers 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

Similar Off Market Nearby

  • Bomba de aceite de leo — M Z Parts, 5706 W Flagler St, Miami, FL 33144
  • Peluquería — 5755 W Flagler St, Miami, FL 33144
  • La Caribeña Agencia Viajes - Flagler — 5402 W Flagler St, Coral Gables, FL 33134
  • Flagler Plaza — 5220 W Flagler St, Coral Gables, FL 33134
  • Wash Bowl Coin Laundry — 5701 NW 7th St, Miami, FL 33126

Frequently Asked Questions

What type of property is this?
Shopping center - Central heating and air conditioning serve this Miami retail property, which also has 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 $2,100,000.
What are key features of this property?
This property features: 14‑unit shopping center; Passed its 40‑year recertification; required repairs were completed this year; 0.2241‑acre parcel
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