5001 NORTH WEST 17TH AVE, Miami
$550,000 USD
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Address | 5001 NORTH WEST 17TH AVE, Miami |
Building Name | 5001 |
Type of Property | Special Purpose |
Type of Business | Residential-Multi-Family, Special Purpose |
Business Location | Corner Unit,Corner Lot,In Residential Area |
Property Style | Mixed Use |
Price | $550,000 |
Property Status | Active |
MLS Number | A11812420 |
Property Size | 4490 |
Lot Size | 4490 |
Year Built | 1968 |
Parking Space Number | 5 |
Folio Number | 01-31-23-014-0350 |
Zoning Information | 6101 |
Days on Market | 107 |
Detailed Description: DO NOT MISS OUT! Income Producing Add Value Play! Lowest Priced Free-Standing Mixed-Use Building in City of Miami! Hard Corner lot fronting NW 17 Ave. Zoning allows many commercial / residential uses (Apt, Restuarant, Retail, Offices, and more). Property operating as church / apartment w Full Kitchen downstairs and two 1/1 apt upstairs. 8% CAP. Current Rent $4500 a month total. Leases exp DEC 2025. Fenced Corner lot w 5 parking spaces. Ample street parking. 3 FPL and 1 Water meter. Roof and Electrical upgraded last 7 yrs. 40 Yr cert approved. Perfect for the creative add value investor to purchase with income and add value by changing use to retail, restaurant, and more. T5-O zoning also allows 65 units per acre or can be T6-8-O (150 units per acre) w Live Local Act. Opportunity Zone. Flood Zone X
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Address Information
State | Florida |
City | Miami |
County | Miami-Dade County |
Zip Code | 33142 |
Address | 5001 NORTH WEST 17TH AVE |
Business Location | Corner Unit,Corner Lot,In Residential Area |
Section | 23 |
Zip Code (4 Digits) | 4140 |
Financial Information
Price | $550,000 |
Price per Foot | $0 |
Folio Number | 01-31-23-014-0350 |
Tax Amount | $4,920 |
Tax Year | 2024 |
Possession Information | Rental Agreement |
Full Descriptions
Detailed Description | DO NOT MISS OUT! Income Producing Add Value Play! Lowest Priced Free-Standing Mixed-Use Building in City of Miami! Hard Corner lot fronting NW 17 Ave. Zoning allows many commercial / residential uses (Apt, Restuarant, Retail, Offices, and more). Property operating as church / apartment w Full Kitchen downstairs and two 1/1 apt upstairs. 8% CAP. Current Rent $4500 a month total. Leases exp DEC 2025. Fenced Corner lot w 5 parking spaces. Ample street parking. 3 FPL and 1 Water meter. Roof and Electrical upgraded last 7 yrs. 40 Yr cert approved. Perfect for the creative add value investor to purchase with income and add value by changing use to retail, restaurant, and more. T5-O zoning also allows 65 units per acre or can be T6-8-O (150 units per acre) w Live Local Act. Opportunity Zone. Flood Zone X |
Year Built Description | Unknown |
Roof Description | Various Material (S) Roof |
Floor Description | Carpet, Other, Tile |
Cooling Description | Central Building A / C, Wall / Window Unit (s) |
Heating Description | Central Building A / C, Wall / Window Units |
Water Description | Public |
Parking Description | Common, On Street |
Property parameters
Living Area | 4490 |
Lot Size | 4490 |
Total Acreage | 0.000 |
Zoning Information | 6101 |
Maximum Leasable Size | 4490 |
Year Built | 1968 |
Type of Property | Special Purpose |
Type of Business | Residential-Multi-Family, Special Purpose |
Style | Mixed Use |
Building Name | 5001 |
Construction Type | CBS Construction |
Stories Number | 2 |
Street Direction | North West |
Parking Space Number | 5 |
Listed with | Realty World Executive Homes |