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16547 NW 27th Ave, Miami Gardens FL 33054

Commercial Recently Sold
$2,662,000

BTC: 41.62627052

ETH: 1,399.10860699

Sold on: 2024-05-31
82 days
0 room(s)

Overview

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%

Location

Florida • Miami Gardens • 33054 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
Common / Free Parking
Year Built:
1957
Lot:
33441 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,795,000
$3.5M – $17.9M
Confidence Low
List vs. estimate
$2.1M below estimate
List $2,645,000 · -44.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $425K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$48,165
2022
Parking
50 spaces
All facts and features

  • Cooling

    • Central Individual A/C

  • Parking

    • Common

    • Free Parking

    Lot

    • Lot: 33441 Square Feet

    Other Property Information

    • Parcel Number: 34-21-15-002-0180

    • Zoning: 6500

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $48,165

  • Source details

    • MLS ID: A11422051

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Corner Lot / Shopping Center

    • 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
33054
121
median $535K
Active
Same city
Miami Gardens
300
median $530K
Active
Same type
Commercial
33
median $1.6M
Active
Similar price
$1.9M – $3.4M
10
median $2.8M
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: Belhouse Real Estate, LLC