Property profile

375 54th St Miami, FL 33137

OFF-MARKET
Outlet malls
Property ID
US18-5243155
7,746 SF 0.22 ac lot Built 1988
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Miami commercial property, located at 375 NE 54th Street, offers three suites totaling 6,888 square feet across two stories. Situated on a 9,720 square foot lot, this property benefits from a highly desirable location at the intersection of Buena Vista, MiMo, and Little Haiti neighborhoods, experiencing significant growth due to their proximity to Downtown Miami and the Design District. The address is easily accessible, just off Biscayne Boulevard, Miami's main thoroughfare. The building is zoned T6-8-O and has the APN 01-3218-061-0010. Currently, two of the three suites are leased. One remaining suite is available on the second floor, offering 850 square feet of space. The asking rent for this suite is $2,125 per month, plus net, net, net (NNN) expenses. This presents a unique opportunity to secure a space in a thriving area with excellent access to major transportation routes and vibrant surrounding communities. The property's traditional and creative office subtypes cater to a diverse range of businesses. This is a multi-tenant building with a strong location and potential for growth. Inquire today for leasing details and availability.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1988
Construction CONCRETE
Total area 7,746 SF
Lot 0.22 ac (9,720 SF)
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 01-3218-061-0010
UPID US18-5243155

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Physician
  • Real Estate Agency
  • Marketing & Advertising Photography Service
  • Shipping Company Freight Service
  • Pharmacy

Location

375 54th St Miami, FL 33137-2967
Miami metro Census 2004 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.11M
Blend (final) Blend
$1.76M

Owner & transaction history

since 2026
7 recorded transactions
2026
$4.5M
2018
$3.7M
2017
Price N/A
2015
$1.2M
2005
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

6100:COMMERCIAL,NEIGHBRHD · Miami, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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