262 54th St Miami, FL 33127-1718
This exceptional investment opportunity presents two buildings totaling 3,000 square feet situated on a generous 14,000 square foot lot in Miami, Florida. Located at 262 NW 54th St, Miami, FL 33127, this special purpose property, built in 1945, offers significant potential for a variety of commercial and/or residential uses. The property's zoning designation is 6101, and it boasts a 40-year certification, ensuring long-term viability and stability. The buildings themselves provide ample space for a range of businesses, including but not limited to, showrooms or income-generating ventures. The substantial lot size provides ample room for expansion, redevelopment, or additional parking. With its prime location in Miami-Dade County and a compelling asking price of $1,350,000, this property represents a rare chance to acquire a well-established asset with considerable upside. The property's history and current configuration offer a unique blend of character and opportunity, making it an ideal investment for discerning buyers seeking a strong return on investment in a thriving market. Serious inquiries are encouraged to explore the full potential of this remarkable property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
6101 · Miami, FLMiami. Always verify with local authorities before improvements.
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.