Property profile

5832 NW 27Th Ave Miami, FL 33142

FOR SALE
Turn key restaurants
Property ID
US18-3739976
1,740 SF 0.31 ac lot Built 1930
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 0.31-acre commercial land parcel, located at 5832 NW 27th Ave in Miami, Florida (zip code 33142), presents a unique investment opportunity. Priced at $799,000, this property boasts a highly desirable corner location in a high-traffic area, offering significant visibility and accessibility. Previously occupied by a restaurant, the land is being sold for its value alone, presenting a blank canvas for a variety of commercial ventures. The site's zoning allows for mixed-use development, making it suitable for a wide range of businesses, including convenience stores, fast-food restaurants, gas stations, and more. With approximately 13,545 square feet and 129 feet of frontage on NW 27th Avenue, this property offers ample space for construction. Adding to its appeal, this location falls within an Opportunity Zone, providing attractive tax benefits for qualified investors. This prime commercial land presents a rare chance to capitalize on a thriving Miami location with significant potential for growth and return on investment. The property's strategic location and flexible zoning make it an ideal choice for entrepreneurs and investors seeking a high-impact commercial development project. Don't miss this chance to acquire a piece of Miami's vibrant commercial landscape.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction TYPE NOT SPECIFIED
Total area 1,740 SF
Lot 0.31 ac (13,545 SF)
Zoning code 6062
APN 30-3116-009-7010
UPID US18-3739976

Cap rate & NOI

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

Location

5832 NW 27Th Ave Miami, FL 33142
Miami metro Census 1701 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2025
3 recorded transactions
2025
$403,400
2021
Price N/A
2014
Price N/A

Zoning & alternative use

6062 · 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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More about this property
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