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    1171 54Th St Miami, FL 33127

    For Sale
    $895,000

    Prime Miami location, 14,945 sq ft, commercial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a 14,945 square foot vacant commercial lot located at 1171-1165-1161 NW 54th Street in Miami, Florida, 33127. The property is zoned for commercial use, offering a multitude of development possibilities. Its strategic location within Miami-Dade County provides easy access to major transportation arteries and is situated in a thriving, well-established neighborhood. The lot's proximity to Miami International Airport (within 10 minutes) and highly desirable areas such as Wynwood, the Design District, Midtown, Edgewater, and Bayside (within 5 minutes) makes it an incredibly attractive proposition for investors and developers. The asking price for this unique property is $895,000. This substantial lot presents a rare chance to capitalize on Miami's dynamic real estate market and create a significant return on investment. The property's size and prime location make it ideal for a wide range of commercial ventures. Don't miss this chance to secure a piece of Miami's vibrant commercial landscape.

    Property Features for 1171 54Th St

    General Information

    Property type
    Specialty properties

    HighLights

    • 14,945 SF vacant commercial lot in Miami, FL.
    • Zoned for commercial use, offering diverse development potential.
    • Prime location in Miami‑Dade County, near major transportation arteries.
    • Minutes from Miami International Airport and desirable neighborhoods (Wynwood, Design District, etc.).
    • Asking price: $895,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -80.215937
    Latitude
    25.824947

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    FAQs

    What type of property is this?
    Specialty property - Prime Miami location, 14,945 sq ft, commercial zoning.
    Where is this specialty property located?
    The property is located at 1171 54Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: 14,945 SF vacant commercial lot in Miami, FL.; Zoned for commercial use, offering diverse development potential.; Prime location in Miami-Dade County, near major transportation arteries.
    Request Owner's contact information
    1171 54Th St Miami, FL 33127
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    Miami, FL 33127
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    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
    1171 54Th St Miami, FL 33127
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