229 17Th Ct Miami, FL 33135
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 229 17Th Ct
- Property type
- Commercial real estate
Description
This exceptional Miami commercial land portfolio comprises four contiguous lots totaling 29,250 square feet, strategically located in the vibrant Little Havana neighborhood at 229 SW 17th Ct, Miami, FL 33135. The property offers significant redevelopment potential, situated in an area experiencing a surge in mixed-use development. The portfolio includes a main lot (12,750 sq ft) featuring a vacant, three-story building (constructed 1967) formerly used as a church and children's school. A second lot (4,750 sq ft) contains a two-story, 3-bedroom, 3-bathroom house built in 1924. Two additional vacant lots (9,750 sq ft and 2,000 sq ft) provide ample space for expansion or parking. The property benefits from convenient access to major roadways including I-95, 836, US-1, and the Turnpike. The T5-O zoning allows for a variety of commercial and potentially residential uses. The existing structures, while vacant, present opportunities for adaptive reuse or demolition to make way for new construction. This portfolio presents a unique investment opportunity in a rapidly evolving and highly desirable Miami location. The asking price is $5,500,000.
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
- -80.2232548
- Latitude
- 25.7701695
