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Property profile & analytics
OFF-MARKET Estimated value $675,000
Outlet malls

16700 27th Ave Miami Gardens, FL 33056-4402

1,410 SF 0.26 ac lot Built 1958
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US19-0612525
Property summary
AI-generated overview

This exceptional mixed-use property, located at 16700 NW 27th Ave in Miami Gardens, Florida, presents a compelling investment opportunity. Built in 1958, this single-story building boasts a prominent corner location on Palmetto Avenue, within a major intersection. The substantial 11,000+ square foot lot provides ample parking and significant redevelopment potential. Its strategic location within a designated Opportunity Zone offers attractive tax advantages for eligible investors seeking to contribute to economic development. The property's high visibility is further enhanced by a prior contract for billboard advertisement installation. The existing building offers versatility for a variety of uses, aligning perfectly with the Miami Gardens Planned Corridor Development. The seller is highly motivated, and financing options are available, making this an ideal acquisition for discerning investors. The asking price is $1,150,000. This is a rare chance to acquire a substantial property in a rapidly growing area with significant upside potential. The property's size and location make it suitable for a wide range of commercial ventures. Don't miss this opportunity to capitalize on the vibrant Miami Gardens market. The zip code is 33056.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1958
Construction CONCRETE
Total area 1,410 SF
Lot 0.26 ac (11,235 SF)
Zoning code 6500:COMMERCIAL,CLASSIF
APN 34-2109-006-0510
UPID US19-0612525
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$675k
Owner & transaction history
Suservice LLC · 1 yrs held
Suservice LLC
since 2024
Last sale
$900,000
6 recorded transactions
2024
$900,000
2018
$700,000
2017
$440,000
2007
$400,000
2007
Price N/A
2004
Price N/A
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Miami Gardens, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $950,000 +32.9%
Office building $915,000 +28.0%
Auto repair, garage $890,000 +24.4%
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