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Property profile & analytics

6611 NW 27Th Ave Miami, FL 33147

  • Commercial land
  • 1,196 SF
  • 0.77 lot acres
For Sale
Last Sale
Apr 28, 2022
$1,300,000
Value Estimations
Cap Rate Potential
2.4%
Commercial land
Location Intelligence
Property ID
US18-3074675
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial land

Property Details for 6611 NW 27Th Ave

Year built
1942
Construction
CONCRETE
Lot size
0.77 lot acres
Property size
1,196 SF
Zone code
6064
Property type
Commercial land
APN
30-3115-043-0290
APU
3031150430290

Description

This exceptional mixed-use development opportunity is located at 6611 NW 27th Ave in Miami, Florida, 33147. The property consists of 33,600 square feet of improved vacant land, ideally situated on NW 27th Avenue, a high-traffic corridor with nearly 40,000 vehicles passing daily. Its prime location offers unparalleled access to public transportation, being less than two blocks from the MLK Metro Rail station. This strategic positioning is further enhanced by its location on a Rapid Transit North Corridor, a $1.9 billion program extending the Metrorail system along NW 27th Avenue. This expansion promises to significantly improve transit accessibility and connectivity for future residents and businesses. The property is situated in the Gladeview neighborhood, bordering Brownsville & Allapattah to the south, Liberty City to the east, and West Little River to the north. The asking price for this significant development site is $3,000,000. The high traffic counts, proximity to public transportation, and the ongoing infrastructure improvements make this a compelling investment opportunity for a variety of mixed-use projects, including residential, commercial, or self-storage developments. The site's size and location present a unique chance to capitalize on Miami's thriving real estate market and growing transportation network.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,170,000
    ML approach
    $1,220,000
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $815,000
    AUTO REPAIR, GARAGE
    $780,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-dade
State
Florida
Longitude
-80.241
Latitude
25.8349
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,355
$1,008,000
$0.00
$1,008,000
-
$1,008,000
$0.00
$1,008,000
More about this property
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