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1450 NW 17th Ave, Miami FL 33125

Commercial For Sale
$4,150,000

BTC: 48.06022003

ETH: 1,418.31852358

36 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

This is a high-potential, value-add mixed-use corner building strategically located at 1450 NW 17th Ave, directly by the burgeoning River Landing District. The 16,510 sq. ft. property benefits from massive exposure on a highly trafficked artery, estimated to carry over 21,000 cars per day, making it ideal for retail and office tenants. With a strong 90% occupancy providing immediate cash flow and the recent successful completion of its 50-Year Recertification, the property offers stability, yet is poised for exceptional growth. The current average rent of $17.50/SF is dramatically below the submarket average of $34.80/SF, presenting a clear opportunity to achieve a massive 250% upside potential in NOI growth through strategic lease-up and market rent adjustments.

Location

Facts and features

Type:
Commercial Sale
Parking:
Additional Spaces Available
Year Built:
1946
Lot:
15057 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Parking

    • Additional Spaces Available

    Lot

    • Lot: 15057 Square Feet

    Other Property Information

    • Parcel Number: 01-31-34-015-0560

    • Zoning: 6100

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $45,044

  • Source details

    • MLS ID: A11916474

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Corner Lot

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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 ©2025-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: Related ISG Realty, LLC.