570 54Th St Miami, FL 33127
- Automotive properties
- 2,400 SF
- 0.15 lot acres
Current Use by Public Records
- Luis Transmission Specialist / Transmission Shop
Property Details for 570 54Th St
- Year built
- 1959
- Construction
- CONCRETE
- Lot size
- 0.15 lot acres
- Property size
- 2,400 SF
- Zone code
- 6101
- Property type
- Automotive properties
- APN
- 01-3124-013-1771
- APU
- 131240131771
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2055
- Latitude
- 25.8247
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
