Log In/Sign Up
Your email has been sent.
4000 NW 17th Ave 8,096 SF Retail Building Miami, FL 33142 $2,697,610 CAD ($333.20 CAD/SF) 7.80% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent Value Add Deal
- 8,096 SF mixed-use on 9,350 SF lot
- Versatile opportunity for owner-user, operator, or investor
- Prime North Allapattah location with high visibility
EXECUTIVE SUMMARY
Apex Capital Realty is proud to present 4000 NW 17th Avenue, a centrally located mixed-use commercial property in North Allapattah, just minutes from Miami International Airport with direct access to the 112 Expressway a high-traffic location with excellent visibility.
The property features approximately 8,096 SF of rentable space on a 9,350 SF lot, offering a mix of retail, flex, and warehouse areas. It includes income from an existing tenant paying $4,500/month NNN with 3% annual increases through 2034, plus additional space ready for lease or owner occupancy, including a partially built-out space with an approved master permit for restaurant/bar use. Ideal for investors or owner-users seeking a value-add opportunity in a rapidly evolving Miami submarket.
The property features approximately 8,096 SF of rentable space on a 9,350 SF lot, offering a mix of retail, flex, and warehouse areas. It includes income from an existing tenant paying $4,500/month NNN with 3% annual increases through 2034, plus additional space ready for lease or owner occupancy, including a partially built-out space with an approved master permit for restaurant/bar use. Ideal for investors or owner-users seeking a value-add opportunity in a rapidly evolving Miami submarket.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$293,381
|
$36.24
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$293,381
|
$36.24
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$83,084
|
$10.26
|
| Net Operating Income |
$210,297
|
$25.98
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $293,381 |
| Annual Per SF | $36.24 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $293,381 |
| Annual Per SF | $36.24 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $83,084 |
| Annual Per SF | $10.26 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $210,297 |
| Annual Per SF | $25.98 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
8,096 SF
Building Class
C
Year Built
1947
Price
$2,697,610 CAD
Price Per SF
$333.20 CAD
Cap Rate
7.80%
NOI
$210,297 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.89
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
T5-O - transect zone focused on limited mixed-use and multi-family residences
Frontage
85’ on 17TH AVE
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- New York Deli & Grocery
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| New York Deli & Grocery | - | - | - | - |
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-3122-035-0090 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $507,504 CAD |
PROPERTY TAXES
Parcel Number
01-3122-035-0090
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$507,504 CAD
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
4000 NW 17th Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.