1929 54Th St Miami, FL 33142
This exceptional mixed-use property, located at 1929 NW 54th Street in Miami, Florida, presents a unique investment opportunity. The 1950-built structure, currently operating as a church, sits on a sizable lot in Miami-Dade County, zip code 33142. Its strategic placement on busy NW 54th Street offers unparalleled visibility and significant storefront appeal. The property boasts ample parking, a considerable asset in this high-traffic area. Zoned for mixed-use commercial purposes, this versatile building presents a wealth of possibilities beyond its current religious use. Its history includes previous use as an insurance company, demonstrating its adaptability to various commercial ventures. The asking price of $499,000 represents a below-market value opportunity, encouraging a swift sale. This property is ideal for investors seeking a high-visibility location with significant potential for diverse commercial applications. The building's solid construction and ample parking make it a highly attractive proposition for a wide range of businesses. Don't miss this chance to acquire a prime piece of Miami real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.