570 54Th StMiami, FL 33127

  • Automotive properties
  • 2,400 SF
For Sale
$2,300,000 View listing

Property Details for 570 54Th St

Year built
1959
Construction
CONCRETE
Lot size
0.15 AC
Property size (Sq ft)
2,400 SF
Zone code
6101
Property type
Automotive properties
APN
01-3124-013-1771
APU
131240131771

Description

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.

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.8247
Longitude
-80.2055
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,764
$469,000
$154,891
$623,891
-
$469,000
$154,891
$623,891

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