100 NE 54th St - Apartments FOR SALE


Miami, FL 33137- Little Haiti
$795,000 USD
609-226-6390
100 NE 54th St, Miami, FL for Sale
$795,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

100 NE 54th St
Miami, FL 33137
Little Haiti


HIGHLIGHTS

  • High traffic corner location, extremely visible to Biscayne Blvd traffic
  • Vacant & Renovation Ready - delivered free of tenancies
  • Flexible pathways toward revenue generation - from full re-development to adaptive re-use as office or retail
  • Opportunity Zone Location & Live Local Eligible
  • Discounted deal due to unsafe structures -- ideal for the savvy investor to fix and flip (opposite corner sold for $1.65MM)

OVERVIEW

THE ALPHA COMMERCIAL ADVISORS™ PRESENTS A UNIQUE OPPORTUNITY FOR HEAVY VALUE-ADD, ADAPTIVE RE-USE OR GROUND-UP RE-DEVELOPMENT ON THE TOUTED NE 54TH STREET COMMERCIAL CORRIDOR. Currently configured as a triplex, the property represents a true blank canvas for investors or end-users, whether preserved as multifamily, transformed into boutique retail or office space, or redeveloped to maximize future potential. Anchored on the busy NE 54th Street commercial corridor, this highly convenient Eastern location blocks from Biscayne Boulevard sits within minutes of the Design District, Little River, and I-95. PROPERTY HIGHLIGHTS Prominent Corner - Highly visible Eastern location at NE 54th Street and NE 1st Avenue, blocks from Biscayne Bay and across from both regional and national retailers. Vacant & Unencumbered - Delivered free of tenancies and renovation-ready, offering maximum flexibility for investors and end-users to start work immediately. Revenue Optionality - Flexible pathways toward income generation including rehabilitation as multi-family, or adaptive re-use as boutique office, retail, or mixed-use. Connected Growth Corridor - Located within an opportunity zone in the path of expansion near the Design District, Upper Eastside, Little River, Little Haiti, and major re-development pockets. Accessible Entry - Priced fairly and ideal for investors at all levels to gain access to a prime infill asset with tons of upside.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$199 USD /SF

# OF UNITS

-

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1932

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,000 SF

ZONING

T5-O

APN/PARCEL ID

01-3124-008-0110

ASK ABOUT THIS PROPERTY

Steffanie JacobsonThe Alpha CommercialMore Info
609-226-6390

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Steffanie JacobsonThe Alpha CommercialMore Info
609-226-6390

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.