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24932419
24932433

516 NW 57th Ave, Miami, FL 33126

LS
FL 3280620
Florida Realty of Miami Corp
Listed by Florida Realty of Miami Corp
$2,199,000
322 days on market
Updated 1 day ago
Opportunity zone

GENERAL PLAZA

Details
APN 01-40-01-003-3021
Property Type Mixed Use, Retail (+1)
Sub Type Storefront, Shopping Center (+4)
Square Footage 5,788
Units 14
Cap Rate 5.00%
NOI $165,576
Occupancy 95%
Year Built 1974
Year Renovated 2017
Buildings 1
Stories 2
Lot Size (SqFt) 9,760
Zoning 6107
Parking Spaces 14 spaces
Parking Per SqFt 2.42

Mixed Use | 5.00% CAP | 5,788 SqFt

Marketing description

"Shopping Center Available – Prime Investment Opportunity-Priced to sell !!! This exceptional commercial property offers investors the opportunity to acquire a well-positioned retail and office asset in a high-traffic corridor just five minutes from Miami International Airport. Strategically located among nationally recognized retailers such as CVS, Pollo Tropical, and Wendy’s, the property benefits from strong visibility, consistent vehicle flow, and a thriving commercial environment. The building has successfully completed its 40-Year Recertification, confirming compliance with structural and safety requirements and reinforcing its solid condition. Property Highlights: • 14 Total Units, 5 Stores in First Floor, 9 offices in second floor. "
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Listing Contacts

LS
FL 3280620
Florida Realty of Miami Corp
Listed by Florida Realty of Miami Corp

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$165,576.00
$13,798.00/mo

Valuation Metrics

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DSCR
7.53%
Cap Rate
7.53%
ROI

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Additional Information

Name
Lady Sjostrom
License
3280620
Brokerage
Florida Realty of Miami
Brokerage Phone
7865972211
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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