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16547 Nw 27th Ave, Miami Gardens, FL – $2,645,000

  • $2.6M Price
  • 134 DOM
  • $2.6M Price
  • 134 DOM

16547 Nw 27th Ave

SUN PLAZA SHOPS. The Strip Plaza is located just 150 yards from Palmetto 826 entrance on 27th Ave in Miami Gardens. Incredible vehicular and pedestrian traffic. Miami Gardens is one of the main areas of commercial and residential expansion in Miami-Dade. Leasable area is 9340 SF and it is currently 100% leased producing 5.60% CAP with the possibility of updating the rents to the current market within the next 12 months. All leases are Triple Net (NNN). Some tenants have been in the Plaza for more than 20 years. Recently repaired roof and parking lot. A great investment opportunity situated at one of the fastest growing areas in Miami! CAP 6.00%

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Essential Information

  • MLS® #A11422051
  • Price$2,645,000
  • Bathrooms0.00
  • Year Built1957
  • TypeCommercial
  • Sub-TypeRetail
  • StatusActive Under Contract

Community Information

  • Address16547 Nw 27th Ave
  • Area21
  • CityMiami Gardens
  • CountyMiami-Dade County
  • StateFL
  • Zip Code33054-6461

Amenities

  • ParkingCommon, Free Parking, Handicap

Interior

  • CoolingCentral Air
  • # of Stories1
  • StoriesOne

Exterior

  • RoofOther
  • ConstructionBlock

Additional Information

  • Listing Courtesy ofBelhouse Real Estate, LLC
  • Date ListedJuly 19th, 2023
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Price Change History for 16547 Nw 27th Ave, Miami Gardens, FL (MLS® #A11422051)

Date Details Change
Price Reduced from $2,680,000 to $2,645,000 $35,000 (1.31%)
Price Reduced from $2,780,000 to $2,680,000 $100,000 (3.60%)
Price Reduced from $3,100,000 to $2,780,000 $320,000 (10.32%)