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Renovated Freestanding Storefront
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800 NW 54th St, Miami, FL 33127

Fully renovated interior with a small kitchen, three bathrooms, and on-site parking.

Property Size1,729 SF
Price / SF$2.54
Days on Market234

Property Features for 800 NW 54th St

General Information

Standard status Active
Size 1,729 SF
Property subtype Retail
Zoning Open Zoning

Amenities

3 bathrooms
small kitchen

Building Details

Building Size 1,729 SF
Year Built 1949
Listing Agency: U.S.A. Lending & Realty, Inc.
Listed By: Zena Bardawell · License #0692881
Source: Casacollectiongroup
Added: Mar 1 Changed: Oct 16 Last Checked: Oct 19 at 3:39PM

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 U.S.A. Lending & Realty, Inc.

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Investment Insights

Based on property information with market context.

This freestanding storefront property was built in 1949 and has a fully renovated interior. The layout includes three bathrooms, including one with a shower, along with a small kitchen and on-site parking. Open zoning supports a broad range of potential commercial uses, including office, gallery, showroom, school, restaurant, convenience store, or mini mart applications.

The property sits at 800 NW 54th St in Miami on a busy street with substantial traffic and visibility. Its location is highly walkable, with a walk score of 97, and offers bike and transit access reflected by a bike score of 71 and transit score of 51.

Key Highlights

  • Freestanding storefront with fully renovated interior
  • Open zoning supports a broad range of commercial uses
  • Three bathrooms, including one with a shower

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,410
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,128,200 $1.1M
Cap Rate 7%
$805,857 $805.9K
Cap Rate 9%
$626,778 $626.8K
Market Conditions
NOI Build-Up for 1,729 SF
Gross rent
$89.8K $51.96/SF
− Vacancy
−$9.3K −$5.35/SF
EGI
$80.6K $46.61/SF
− OpEx
−$24.2K −$13.98/SF
NOI
$56.4K $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%
$1,128,200
Cap Rate 7%
$805,857
Cap Rate 9%
$626,778

Alternative Uses

Best Use
Retail
$805.9K
$705.1K – $940.2K (±1% cap)
NOI $56,410 @ 7.0% cap · market cap 1,282.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,696 @ 7.0% cap · market cap 1,856.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Farah Group Real Estate Agency Dream Defenders and Healing ... Community Center Miami tax helper Insurance Agency Victoria Immigration Services Visa Consulting Service

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store 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.

Location Intelligence

Trade Area within ½ mile

1,509
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

  • Perry's Florist — 4340 NW 7th Ave, Miami, FL 33127
  • PERRY'S FLORIST MIAMI — 4340 nw 7th ave, miami, fl 33127

Frequently Asked Questions

What type of property is this?
Storefront property - Fully renovated interior with a small kitchen, three bathrooms, and on-site parking.
Where is this storefront property located?
The property is located at 800 NW 54th St Miami, FL.
What are key features of this property?
This property features: Freestanding storefront with fully renovated interior; Open zoning supports a broad range of commercial uses; Three bathrooms, including one with a shower
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