3690 54th St Miami, FL 33142-3200
This exceptional Miami property, located at 3690 NW 54th St, offers a compelling investment opportunity. The 19,350 square foot warehouse, built in 1952, sits on a 0.44-acre corner lot boasting excellent retail visibility. Currently 100% occupied with three thriving tenants, this mixed-use property is zoned "M1," permitting restaurants, automotive businesses, warehouses, and light manufacturing. Its strategic location provides easy access to major transportation arteries, being just two miles from the nearest highway, ten minutes from Miami International Airport, seventeen minutes from Brickell and Downtown Miami, and twenty-two minutes from the beach. The asking price is $2,000,000, representing a 4.50% cap rate. This presents a significant opportunity for experienced developers seeking to capitalize on the area's redevelopment potential and add substantial future value. Please note: Do not disturb tenants.
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Sunshine Cafeteria Restaurant
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La Caridad Restaurant Restaurant
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HFL Industrial Consultant
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
7100:INDUSTRIAL,LIGHT MFG · 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.