16547 NW 27th Ave Miami Gardens, FL 33054

FOR SALE - Active
$2,645,000
$3,100,000 (14.7%)

Overview

  • Status: ActiveUnderContract
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 9,071 ft2/842.72 m2
  • Price Per: $291.59 ft2/$3,138.63 m2
  • Type: Commercial/Investment
  • Built: 1957
  • HOA: No info
  • MLS Number: A11422051
  • View No info
  • On Site: 310 days
  • Updated: Listing Refreshed: 50 Days Ago

SUN PLAZA SHOPS. The Strip Plaza is located just 150 yards from Palmetto 826 entrance on 27th Ave in Miami Gardens. Incredible vehicular and pedestrian traffic. Miami Gardens is one of the main areas of commercial and residential expansion in Miami-Dade. Leasable area is 9340 SF and it is currently 100% leased producing 5.60% CAP with the possibility of updating the rents to the current market within the next 12 months. All leases are Triple Net (NNN). Some tenants have been in the Plaza for more than 20 years. Recently repaired roof and parking lot. A great investment opportunity situated at one of the fastest growing areas in Miami! CAP 6.00%

Price History

DateEventPriceChange RatePrice Per
04/04/2024Price Reduced$2,645,000.001.3%$291.59 ft2/$3,138.63 m2
03/18/2024Price Reduced$2,680,000.003.6%$295.45 ft2/$3,180.17 m2
08/29/2023Price Reduced$2,780,000.0010.3%$306.47 ft2/$3,298.83 m2
07/19/2023Listed$3,100,000.00$341.75 ft2/$3,678.55 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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