570 54Th StMiami, FL 33127

For Sale
$2,300,000
High-traffic location, strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional Miami-Dade County investment property presents a rare opportunity to acquire a 1,000 square foot warehouse situated on a substantial 26,800 square foot lot assemblage comprised of three separate parcels, each valued at over $400,000. The property, located at 570 NW 54th St, Miami, FL 33127, boasts a prime location at the I-95 entrance on a high-traffic thoroughfare, with an estimated 40,000 vehicles passing daily, offering significant signage potential. Built in 1959, this single-story warehouse features four offices and is currently generating $6,000 in monthly rental income from two long-term automotive industry tenants, although the property is being sold without leases. The versatile zoning allows for commercial, automotive, and marine uses, making it ideal for immediate income generation and future development. This assemblage presents a compelling investment opportunity, combining immediate cash flow with substantial long-term development potential in a high-demand Miami location. The property is zoned for commercial, automotive, and marine uses.

Highlights

  • $2,300,000 asking price.
  • 1-story, 1000 sq ft warehouse built in 1959.
  • Located at 570 NW 54th St, Miami, FL 33127, on a high-traffic thoroughfare with excellent visibility.
  • Sits on a 26,800 sq ft assemblage of three lots, each valued at over $400,000.
  • Currently generating $6,000/month in income from two long-term automotive tenants (leases not included).
  • Zoned for commercial, automotive, and marine uses; ideal for future development.

Property Details for 570 54Th St

Property type
Warehouses, Industrial properties
Year Built
1959
Buildings
1
Stories
1

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8248492
Longitude
-80.2054596
570 54Th St, Miami, Florida

FAQs

What type of property is this?
Warehouse - High-traffic location, strong rental income.
Where is the warehouse located?
The property is located at 570 54Th St Miami, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: $2,300,000 asking price.; 1-story, 1000 sq ft warehouse built in 1959.; Located at 570 NW 54th St, Miami, FL 33127, on a high-traffic thoroughfare with excellent visibility.
How can I contact the broker?
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570 54Th St
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