For Sale
$2,000,000

3690 54Th StMiami, FL 33142

19,350 SF Warehouse, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Miami property, located at 3690 NW 54th St, offers a compelling investment opportunity. The 19,350 square foot warehouse, built in 1952, sits on a 0.44-acre corner lot boasting excellent retail visibility. Currently 100% occupied with three thriving tenants, this mixed-use property is zoned "M1," permitting restaurants, automotive businesses, warehouses, and light manufacturing. Its strategic location provides easy access to major transportation arteries, being just two miles from the nearest highway, ten minutes from Miami International Airport, seventeen minutes from Brickell and Downtown Miami, and twenty-two minutes from the beach. The asking price is $2,000,000, representing a 4.50% cap rate. This presents a significant opportunity for experienced developers seeking to capitalize on the area's redevelopment potential and add substantial future value. Please note: Do not disturb tenants.

Highlights

  • $2,000,000 asking price.
  • 19,350 square foot mixed-use industrial warehouse.
  • 4.50% cap rate.
  • 100% occupancy.
  • Built in 1952.

Property Details for 3690 54Th St

Property type
Warehouses, Mixed-use properties
Square Feet
19,350 SF
Year Built
1952

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8229656
Longitude
-80.2567315
3690 54Th St, Miami, Florida

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3690 54Th St
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