For Sale
$1,150,000

16700 27Th AveMiami Gardens, FL 33056

Prime Corner Lot, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 16700 NW 27th Ave in Miami Gardens, Florida, presents a compelling investment opportunity. Built in 1958, this single-story building boasts a prominent corner location on Palmetto Avenue, within a major intersection. The substantial 11,000+ square foot lot provides ample parking and significant redevelopment potential. Its strategic location within a designated Opportunity Zone offers attractive tax advantages for eligible investors seeking to contribute to economic development. The property's high visibility is further enhanced by a prior contract for billboard advertisement installation. The existing building offers versatility for a variety of uses, aligning perfectly with the Miami Gardens Planned Corridor Development. The seller is highly motivated, and financing options are available, making this an ideal acquisition for discerning investors. The asking price is $1,150,000. This is a rare chance to acquire a substantial property in a rapidly growing area with significant upside potential. The property's size and location make it suitable for a wide range of commercial ventures. Don't miss this opportunity to capitalize on the vibrant Miami Gardens market. The zip code is 33056.

Highlights

  • Exceptional mixed-use property in Miami Gardens, FL, at a major intersection.
  • 11,000+ sq ft lot with ample parking and redevelopment potential.
  • Located in an Opportunity Zone, offering tax advantages.
  • High visibility corner location with prior billboard advertisement contract.
  • Versatile building suitable for various commercial uses, aligning with Miami Gardens Planned Corridor Development.
  • Motivated seller with financing options available.

Property Details for 16700 27Th Ave

Property type
Mixed-use properties
Year Built
1958
Stories
1

Location Insight

City
Miami Gardens
County
Miami-Dade
State
Florida
Latitude
25.9268966
Longitude
-80.2448739
16700 27Th Ave, Miami Gardens, Florida

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16700 27Th Ave
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