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Property profile & analytics
OFF-MARKET
Commercial real estate

229 17Th Ct Miami, FL 33135

Property ID
US18-4874665
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US18-4874665
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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