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Allapattah Corner Lot with Building
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3500 NW 17th Ave, Miami, FL 33142

Corner lot with building in rapidly growing Allapattah submarket.

Property Size11,600 SF
Lot Size0.48 Acres
Price / SF$306.03
Days on Market737

Property Features for 3500 NW 17th Ave

General Information

Standard status Active
Size 11,600 SF
Class B
Lot size 0.48 Acres
Property subtype Office
Zoning 6100

Building Details

Year Built 1987
Listing Agency: Fausto Commercial
Listed By: Joshua Jimenez · License #Sl3547274
Source: Crexi
Added: Aug 6, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:55AM

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 Fausto Commercial

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Blemur Pierre MD Pediatrician Med Plus Medical ... Pediatrician Dr. Laila Chagani Physician Dr. Alexander Blaise Physician Mcnadental Dental Office

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Spa & Massage Center Electrical Service

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

1,339
Businesses Nearby

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

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025
Rey
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Frequently Asked Questions

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.
More about this property
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