90 54th St Miami, FL 33137-2483

Property Details for 90 54th St

Year built

1983

Construction

CONCRETE

Lot size

0.11 lot acres

Property size

4,406 SF

Zone code

6101

Property type

Retail residential properties

APN

01-3124-010-0010

APU

131240100010

Description

This exceptional mixed-use property, located at 90 NE 54th Street in Miami, Florida, presents a compelling investment opportunity. Boasting 4,406 square feet on a 4,800 square foot lot, this 1983-built building is zoned T5-O and offers significant flexibility. Currently configured as two ground-floor retail units, the property also includes a private, gated parking lot, a rare amenity in this vibrant area. The second floor is currently ready for renovation, presenting an ideal opportunity to create a boutique office space to capitalize on the growing demand in this rapidly developing neighborhood. Its strategic location between Buena Vista, the Design District, and Little River provides exceptional visibility and accessibility. The property is currently income-producing, without the encumbrance of long-term leases, allowing for immediate cash flow and the potential for increased revenue through lease adjustments or renovations. The building's layout allows for single or multi-tenant occupancy, catering to a diverse range of potential uses. This is a rare chance to acquire a value-add property in a high-growth area of Miami, offering significant upside potential for savvy investors. The asking price is $1,950,000. The property's zip code is 33137.

Location Insight

City

Miami

County

Miami-dade

State

Florida

Longitude

-80.194

Latitude

25.8251

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments