2316 57th Ave Miami, FL 33155-2207
Property summary
This exceptional 1,989 square foot office building, constructed in 1937, presents a lucrative investment opportunity in Miami, Florida. Located at 2316 SW 57th Ave, in the desirable Red Road Corridor of Miami-Dade County, this single-tenant property boasts a 100% occupancy rate, generating consistent income. Its strategic location offers unparalleled convenience, situated directly across from Coral Gables and in close proximity to prominent medical facilities such as Coral Gables Hospital and Nicklaus Children's Hospital. The property's zoning allows for a diverse range of uses, including medical offices, general office space, retail establishments, and restaurants, providing flexibility for future development or tenant diversification. The asking price is $1,299,000. This well-maintained building represents a strong investment with significant potential for appreciation and consistent cash flow. The property's prime location and versatile zoning make it an attractive asset in a thriving Miami market. This is a rare opportunity to acquire a fully leased, income-producing property in a highly sought-after area. The building's history and current success combine to create a compelling investment proposition.
Property profile
VerifiedCap rate & NOI
Current use
-
Medical Clinic
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 6400:COMMERCIAL,CENTRAL in Miami, FL.
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Find the owner behind the property.
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