Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    570 54Th St Miami, FL 33127

    For Sale
    $2,300,000

    High-traffic location, strong rental income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Miami-Dade County investment property presents a rare opportunity to acquire a 1,000 square foot warehouse situated on a substantial 26,800 square foot lot assemblage comprised of three separate parcels, each valued at over $400,000. The property, located at 570 NW 54th St, Miami, FL 33127, boasts a prime location at the I-95 entrance on a high-traffic thoroughfare, with an estimated 40,000 vehicles passing daily, offering significant signage potential. Built in 1959, this single-story warehouse features four offices and is currently generating $6,000 in monthly rental income from two long-term automotive industry tenants, although the property is being sold without leases. The versatile zoning allows for commercial, automotive, and marine uses, making it ideal for immediate income generation and future development. This assemblage presents a compelling investment opportunity, combining immediate cash flow with substantial long-term development potential in a high-demand Miami location. The property is zoned for commercial, automotive, and marine uses.

    Property Features for 570 54Th St

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    1959
    Buildings
    1
    Stories
    1

    HighLights

    • $2,300,000 asking price.
    • 1‑story, 1000 sq ft warehouse built in 1959.
    • Located at 570 NW 54th St, Miami, FL 33127, on a high‑traffic thoroughfare with excellent visibility.
    • Sits on a 26,800 sq ft assemblage of three lots, each valued at over $400,000.
    • Currently generating $6,000/month in income from two long‑term automotive tenants (leases not included).
    • Zoned for commercial, automotive, and marine uses; ideal for future development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Luis Transmission Specialist Transmission Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2054596
    Latitude
    25.8248492

    Nearby Similar for Sale

    • New
      $2,350,000

      Miami Multifamily Short-Term Rental Property

      Boutique 5-unit apartment community in Miami's Qualified Opportunity Zone.
      1053 NW 29Th St, Miami, FL 33127
      View Details
    • $1,275,000
      3,892 SF

      Miami Fourplex with Income Potential

      Residential income property in Miami, featuring a pool and gated entry.
      14500 NE 2Nd St, Miami, FL 33161
      View Details
    • $3,850,000

      New Multifamily Units in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,850,000
      7,000 SF

      Miami Multifamily Investment Opportunity

      New 10-unit multifamily property in Little Havana.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,500,000

      Remodeled Corner Office Suite, Miami

      Completely remodeled corner office suite in the heart of Miami's financial district.
      1110 Brickell Ave, Miami, FL 33131
      View Details
    • $2,100,000

      Redevelopment Opportunity in Miami, FL

      Two lots totaling 14,000 sq. ft. ideal for redevelopment.
      1750 NW 7Th St, Miami, FL 33125
      View Details

    FAQs

    What type of property is this?
    Distribution property - High-traffic location, strong rental income.
    Where is this distribution property located?
    The property is located at 570 54Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: $2,300,000 asking price.; 1-story, 1000 sq ft warehouse built in 1959.; Located at 570 NW 54th St, Miami, FL 33127, on a high-traffic thoroughfare with excellent visibility.
    Request Owner's contact information
    570 54Th St Miami, FL 33127
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    570 54Th St
    Miami, FL 33127
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    570 54Th St Miami, FL 33127
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.