1330 54th St, Miami, FL 33142-3881
- Retail residential properties
- 1,080 SF
- 0.10 lot acres
Current Use by Public Records
- Globotec USA / Corporate Office
- Nationwide insurance / Insurance Agency
- Netta & Grenz Consulting / Marketing & Advertising / Advertising Agency
Property Details for 1330 54th St
- Year built
- 1951
- Construction
- CONCRETE
- Lot size
- 0.10 lot acres
- Zone code
- 6101
- Property type
- Retail residential properties
- APN
- 01-3123-012-0260
- APU
- 131230120260
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 28, 2024 | — | 1330 Haven Trust | Gb Sezu LLC | Quit Claim Deed · related | — |
| Nov 28, 2016 | $143,500 | Gb Serv LLC | Gross,jaime | Warranty Deed | — |
Description
This exceptional mixed-use property, located at 1330 NW 54th St, Miami, FL 33142, presents a compelling investment opportunity. The 2,200 square foot building, constructed in 1951 and renovated in 2020, boasts a Class B rating and sits on a 4,500 square foot lot. Currently operating at 100% occupancy with a net lease, the property generates a substantial NOI of $84,600, resulting in a compelling 10.58% cap rate. The building features two units, two loading docks, and one 14-foot dock-high door, with a 14-foot ceiling height. Twelve parking spaces are available for tenants and patrons. Zoned MIXED USE-STORE/RESIDENTIAL (T5-0), allowing for high-density development of office, retail, residential, warehouse/storage, or hospitality uses, with building heights capped at five stories. An additional 10,000 square feet of air rights provide significant future development potential. The property is situated in a Miami Opportunity Zone, offering potential tax advantages. The asking price is $800,000. Annual expenses include approximately $3,600 for electricity, $2,400 for water, $1,800 for waste removal, $1,440 for internet, $3,600 for maintenance, $3,453.79 for property taxes, and $6,000 for property insurance. Owner financing may be available to qualified buyers.
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Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2189
- Latitude
- 25.8244
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
