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5700 NW 27th Ave 15,438 SF Retail Building Miami, FL 33142 $9,721,040 CAD ($629.68 CAD/SF)



Investment Highlights
- Located within Miami’s central business corridor, offering strong connectivity and regional visibility
- Surrounding area features active retail strips, financial institutions, and neighborhood commercial businesses, enhancing daily accessibility
- Positioned in the South Florida market, just miles from Downtown Miami with access to strong labor pools and an expanding demographic base
Executive Summary
This unique property consists of 4,538 SF of building space plus over 15,500 SF of semi-enclosed work areas dedicated to automotive repairs, situated on a gated 1.38-acre lot zoned UC-MCS, allowing for a variety of uses including automotive, self-storage, multifamily up to 90 units per acre, or mixed-use development up to 10 stories. The property offers flexibility to continue as an automotive repair and export facility or redevelop into multifamily, commercial, or other urban uses. Perfect for a credit tenant - auto dealership (car/truck/boat), EV service center, self-storage facility, or mixed-use project. It is located near the MLK Metrorail station and the planned North Corridor transit line, making it an excellent candidate for transit-oriented development or commercial redevelopment. The property includes a large amount of automotive equipment. It is currently owner-occupied and can be delivered vacant. Situated on a high-visibility stretch of NW 27th Avenue in the Model City neighborhood, the property is adjacent to emerging developments such as the 41-unit multifamily project in Model City and benefits from spillover growth from nearby Allapattah and Wynwood. The area is seeing significant investment, including the Dulce Vida mixed-income housing (230 units), Anatomia high-rise (499 units), and Rubell family apartments (330 units), enhancing long-term growth and investment potential along this corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
15,438 SF
Building Class
C
Year Built/Renovated
1952/1986
Price
$9,721,040 CAD
Price Per SF
$629.68 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.38 AC
Opportunity Zone
Yes
Zoning
UC-MCS - General Commercial
Parking
6 Spaces (0.39 Spaces per 1,000 SF Leased)
Frontage
40’ on 27th Ave
Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $2,209,946 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,209,946 CAD
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5700 NW 27th Ave
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