Freestanding Storefront
5180 NW 17th Ave, Miami, FL 33142
For Sale
Contact for pricing
Corner commercial property with direct public transportation connections to several Miami districts.
Property Size4,054 SF
Lot Size0.11 Acres
Price / SF$1.23
Days on Market158
Property Features for 5180 NW 17th Ave
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Corner Location
Traffic Count
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Miami Waterfront Realty
Listed By:
Richard Feldman · License #3249105
(305) 894-6644
Source:
Batrare
Added: Jun 5
Changed: Oct 31
Last Checked: Nov 8 at 2:06PM
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 Miami Waterfront Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding storefront property was built in 1955 and occupies a 5,000 sq ft lot at the intersection of NW 17th Avenue and 54 Street. The building is positioned for a range of commercial formats, including retail, office, yoga studio, and event space uses identified in the property information.
The site carries a 23000 daily car count along 54 Street and is located in an area with several new residential developments. Public transportation offers direct connections to Hialeah, Wynwood, Allapattah, the Design District, and Midtown. The property address is 5180 NW 17th Ave, Miami, FL 33142.
The site carries a 23000 daily car count along 54 Street and is located in an area with several new residential developments. Public transportation offers direct connections to Hialeah, Wynwood, Allapattah, the Design District, and Midtown. The property address is 5180 NW 17th Ave, Miami, FL 33142.
Key Highlights
- Freestanding storefront property at 5180 NW 17th Ave, Miami, FL 33142
- Located at the corner of NW 17th Avenue and 54 Street
- 5,000 sq ft lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,265
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,645,300
$2.6M
Cap Rate 7%
$1,889,500
$1.9M
Cap Rate 9%
$1,469,611
$1.5M
Market Conditions
NOI Build-Up for 4,054 SF
Gross rent
$210.6K $51.96/SF
− Vacancy
−$21.7K −$5.35/SF
EGI
$188.9K $46.61/SF
− OpEx
−$56.7K −$13.98/SF
NOI
$132.3K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,645,300
Cap Rate 7%
$1,889,500
Cap Rate 9%
$1,469,611
Alternative Uses
Best Use
Retail
$1.89M
$1.65M – $2.20M
NOI $132,265 @ 7.0% cap · market cap 2,645.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.74M
$2.39M – $3.19M
NOI $191,553 @ 7.0% cap · market cap 3,831.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
23,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
965
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$298,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Miami, FL
Properties on Market for Storefront properties in Miami
Vacancy Rate% for Retail in Miami, FL
Similar Off Market Nearby
- Jardin flowers — 5554 NW 17th Ave, Miami, FL 33142
Frequently Asked Questions
What type of property is this?
Storefront property - Corner commercial property with direct public transportation connections to several Miami districts.
Where is this storefront property located?
The property is located at 5180 NW 17th Ave Miami, FL.
What are key features of this property?
This property features: Freestanding storefront property at 5180 NW 17th Ave, Miami, FL 33142; Located at the corner of NW 17th Avenue and 54 Street; 5,000 sq ft lot
