3500 NW 17th Ave, Miami, FL 33142

Building Details

Year Built

1987

Listing agent Joshua Jimenez License #Sl3547274

Listing office Fausto Commercial

Listing date Aug 6, 2024

Source Crexi

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Overview

The property at 3500 NW 17 AVE is located on a corner lot off 36th ST, a main corridor connecting Wynwood to Allapattah. The property has 173 feet of frontage on 17th Avenue, a major thoroughfare with an average daily traffic count of 19,500 cars. Situated in one of Miami's fastest-growing submarkets, the location experiences demand from end users, investors, and developers. The property includes an 11,535 SF building on a 21,060 SF lot. The building is currently leased to two tenants. Zoned T6-8-O, the property allows for mid-rise development with the potential for up to 72 multi-family units. This property is suited for collecting rental income and benefiting from area appreciation before pursuing development opportunities.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

• Map
• Local Demand

City

Miami

County

Miami-Dade

State

Florida

Longitude

-80.224204

Latitude

25.808855

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FAQs

What type of property is this?

Office building - Corner lot with building in rapidly growing Allapattah submarket.

Where is this office building located?

The property is located at 3500 NW 17th Ave Miami, FL.

What is the asking price?

The asking price for this property is $3,550,000.

What are key features of this property?

This property features: Prime location on a hard corner near 36th ST, connecting Wynwood and Allapattah.; High traffic frontage: **173 feet on 17th Avenue with 19,500 average daily car count.**; Located in Miami's rapidly growing Allapattah submarket.