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22500126
22500125

2355 NW 35th Ave, Miami, FL 33142

AO
FL SL3143588
Marcus & Millichap - Fort Lauderdale
JT
FL SL3174354
Marcus & Millichap - Fort Lauderdale
Listed by Marcus & Millichap - Fort Lauderdale
$6,500,000
454 days on market
Updated 71 days ago

**Motivated Seller - Bring All Offers**

Details
APN 30-3128-035-0040
Property Type Business for Sale, Industrial (+3)
Sub Type Commercial, Industrial (+1)
Net Rentable (SqFt) 14,255
Cap Rate 4.73%
NOI $307,767
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Term 3
Lease Expiration 12/31/2027
Remaining Term 2
Lease Options None
Pro-Forma Cap Rate 6.50%
Pro-Forma NOI $422,500
Class C
Year Built 2002
Buildings 1
Stories 1
Acreage 0.880
Zoning PLMUC
Investment Type Owner/User
Lease Commencement 01/01/2025
Ownership Fee Simple

**Motivated Seller - Bring All Offers**

Marketing description

ABOUT THE INVESTMENT

Versatile Industrial Asset with Redevelopment Potential – A well-positioned industrial warehouse in Miami’s Palmer Lake Metropolitan Urban Center (PLMUC), offering strong current income and future upside for redevelopment.

Attractive Short-Term Lease for Flexibility – The property is currently leased to Elite Collision Specialists, providing immediate cash flow with only three years remaining, making it ideal for investors or developers seeking near-term repositioning opportunities.

Exceptional Zoning for High-Density Mixed-Use Development – PLMUC zoning allows for future multifamily, mixed-use, and high-density commercial development, positioning this site as a prime candidate for a significant value-add opportunity.

Strategic Location in a Booming Corridor – Situated in a rapidly appreciating area near Miami International Airport, major transit hubs, and high-profile projects like Miami Freedom Park, this site is primed for strong long-term appreciation.

Flexible Investment with Multiple Exit Strategies – Investors can retain the industrial use for income or capitalize on Miami’s surging demand for residential and mixed-use developments.

Investment highlights

ABOUT THE LOCATION

Highly Desirable Urban Center Location – Located in Miami’s Palmer Lake Metropolitan Urban Center, an area undergoing major redevelopment and infrastructure improvements.

Minutes from Miami International Airport – A premier logistics and economic hub that continues to drive business, commerce, and development demand.

Prime for Redevelopment – PLMUC zoning allows for high-density residential, mixed-use, and commercial projects, creating a rare opportunity for investors looking to transform the site into a modern development.

Surrounded by Growth – The area is seeing a surge in new residential and commercial projects, including Miami Freedom Park (Inter Miami CF Stadium), large-scale multifamily developments, and retail expansions.

Strong Accessibility & Infrastructure – Easy access to major highways (US-27, I-95), Miami’s public transit system, and the city’s key business districts.

Listing Contacts

AO
FL SL3143588
Marcus & Millichap - Fort Lauderdale
JT
FL SL3174354
Marcus & Millichap - Fort Lauderdale
Listed by Marcus & Millichap - Fort Lauderdale

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$307,767.00
$25,647.25/mo

Valuation Metrics

0
DSCR
4.73%
Cap Rate
4.73%
ROI

Map

Zoning

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PLMUC SpecialPalmer Lake Metropolitan Urban Center District
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View all 245 uses
View all 245 uses
Last updated May 13, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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