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16547 NW 27th Ave, Miami Gardens, FL 33054
$2,662,000
16547 NW 27th Ave, Miami Gardens, FL 33054View this property at 16547 NW 27th Ave, Miami Gardens, FL 33054
16547 NW 27th AveMiami GardensFL33054
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Property Description
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%
Full Property Details
Full Property Details for 16547 NW 27th Ave
General
- Sold For: $2,662,000
- Taxes: $48,165 (2022)
- Status: Closed
- Type: Commercial Service
- MLS ID: A11422051
- Added to Site: 317 day(s) ago
Business
- Business Type: Restaurant/Bar, Shopping Center
Rental Information
- Lease/Rent Term: 1 To 3 Year Lease, 4 To 6 Year Lease
- Lease Info: NNN
Additional Information
- Security/Safety: Other Fire Protection
Parking
- Total Spaces: 50
- Parking Features: Common, Free Parking
Location
- County: Miami-Dade County
- Building Name: SUN PLAZA SHOPS
Community
- Units Assoc/Comm: 8
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Individual A/C
Utilities
- Electric Available: Yes
- Sewer: Septic Tank
- Water: Public
Structural Information
- # Buildings: 3
- Structure Type: Commercial
- Detached/Attached: Detached
- Roof: Various Material(S) Roof
- Stories/Levels: 1
- Building Size: 9071
- Current Bldg. Use: Retail
- Year Built: 1957
- Property Condition: New Construction
Unit Information
- Units in Complex: 8
Lot Features
- Lot Size (Sq. Ft.): 33,441
- Lot Features: Corner Lot, Shopping Center
- Potential Use: Investment
- Zoning: 6500
Financial Considerations
- Tax Amount: $48,165
- Tax Year: 2022
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: A/C & Heating Maintenance, Common Area Maintenance, Sales Tax, Trash Collection
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Limited Partnership
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Books & Records, Deed, Environment Study, Copy Of Lease(S), Rent Rolls, Existing Survey
- Legal Description: NW 27 AVE HEIGHTS PB 47-55 LOTS 7 & 8 BLK 2 OR 20267-2369 0302 6 F/A/U 30-2115-002-0180
- Inclusions: Building & Land, Leases
- Property ID: 34-21-15-002-0180
Listed and Sold by Belhouse Real Estate, LLC
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Schools
Schools serving 16547 NW 27th Ave
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
16001 Bunche Park School Dr, Miami Gardens, FL 33054 | PK-5 | 0.5 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 29.9 mi | |
1840 Nw 157th St, Miami Gardens, FL 33054 | 6-8 | 1 mi | |
1193 Nw 193rd St, Miami, FL 33169 | 9-12 | 2.5 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 24.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16547 NW 27th Ave
Date
Details
Price
Change
Source
5/31/2024
Sold
$2,662,000
0.64%
MLS
4/04/2024
Price Reduced
$2,645,000
-1.31%
MLS
3/18/2024
Price Reduced
$2,680,000
-3.6%
MLS
8/29/2023
Price Reduced
$2,780,000
-10.32%
MLS
7/19/2023
Listed
$3,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16547 NW 27th Ave, Miami Gardens, FL 33054 (MLS# A11422051) is a Commercial Service property that was sold at $2,662,000 on May 31, 2024. Want to learn more about 16547 NW 27th Ave? Do you have questions about finding other Commercial Service real estate for sale in Miami Gardens? You can browse all Miami Gardens real estate or contact a Coldwell Banker agent to request more information.