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5851 NW 17th Ave, Miami FL 33142

Commercial For Sale
$2,500,000

BTC: 39.09304144

ETH: 1,313.96375562

53 days
0 room(s)

Overview

Prime Development Opportunity – Exceptional Investment Potential Rare opportunity to acquire a prime development site with an additional adjacent lot located at 5861 NW 17th Avenue. Situated in the heart of a rapidly transforming area experiencing billions of dollars in public and private investment, this property presents an outstanding opportunity for developers and investors. With the potential for multi-story residential development, this site is ideal for luxury condominiums, apartment complexes, or a mixed-use project, subject to zoning and municipal approvals. Its strategic location and strong growth trajectory make it a valuable asset for those looking to capitalize on the area’s continued expansion. This is a rare chance to secure a high-potential development site in one of South Florida’s fastest-growing markets. Buyer to verify zoning, density, land use, and all redevelopment possibilities with the appropriate governmental authorities.

Location

Florida • Miami • 33142 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1950
Lot:
0.34 Acres
Heating:
Central Building A/C
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,700,000
$609K – $2.3M
Confidence Low
List vs. estimate
$800K above estimate
List $2,500,000 · +47.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $422K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,559
2025
All facts and features

  • Flooring

    • Marble/Slate Floors

    Heating

    • Central Building A/C

    Cooling

    • Central Building A/C

  • Lot

    • Lot: 0.34 Acres

    Other Property Information

    • Parcel Number: 01-31-14-035-2550

    • Zoning: 6101

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • HOA Frequency: Annually

    • Annual tax amount: $7,559

  • Source details

    • MLS ID: A12033079

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Central Business District / City Location / Corner Lot / In Residential Area

    • Window Features: Complete Other Protection

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33142
251
median $600K
Active
Same city
Miami
12,325
median $637K
Active
Same type
Commercial
1,211
median $1.2M
Active
Similar price
$1.8M – $3.2M
1,047
median $2.3M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Firm Luxury Realty INC.