5700 NW 27th Ave, Miami, FL 33142
5700 NW 27th Ave, Miami, FL 33142
5700 NW 27th Ave, Miami, FL 33142
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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$7,250,000
Est. payment /mo
4,538 SqFt
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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 4,538 sqft

Price per Sqft $1,597

MLS Listing ID A11987632

HOA Y/N No

Year Built 1952

Lot Size 0.760 Acres

Property Sub-Type Industrial

Property Description

This unique property consists of 4,538 SF of building space plus over 15,500 SF of semi-enclosed work areas dedicated to automotive repairs, situated on a gated 1.38-acre lot zoned UC-MCS, allowing for a variety of uses including automotive, self-storage, multifamily up to 90 units per acre, or mixed-use development up to 10 stories. The property offers flexibility to continue as an automotive repair and export facility or redevelop into multifamily, commercial, or other urban uses. Perfect for a credit tenant - auto dealership (car/truck/boat), EV service center, self-storage facility, or mixed-use project. It is located near the MLK Metrorail station and the planned North Corridor transit line, making it an excellent candidate for transit-oriented development or commercial redevelopment. The property includes a large amount of automotive equipment. It is currently owner-occupied and can be delivered vacant.
Situated on a high-visibility stretch of NW 27th Avenue in the Model City neighborhood, the property is adjacent to emerging developments such as the 41-unit multifamily project in Model City and benefits from spillover growth from nearby Allapattah and Wynwood. The area is seeing significant investment, including the Dulce Vida mixed-income housing (230 units), Anatomia high-rise (499 units), and Rubell family apartments (330 units), enhancing long-term growth and investment potential along this corridor.

Location

State FL

County Miami-dade

Area 31

Zoning 6462

Exterior

Private Pool Yes

Others

Tax ID 30-31-16-009-6820

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11987632

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by AFS Living

Nearby Locations

Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL 33331

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5700 NW 27th Ave