327-337 W Palm Dr - Retail FOR SALE


Florida City, FL 33034
$2,300,000 USD
786-460-3974
327-337 W Palm Dr, Florida City, FL for Sale
$2,300,000 USD
Retail - FOR SALE
1/10
null | Request Cap Rate

327-337 W Palm Dr
Florida City, FL 33034


HIGHLIGHTS

  • For more information about this offering, please contact Dan Cohen via text at (305) 389-6255.
  • 327-337 W Palm Drive offers a prime multi-tenant retail strip in a high-traffic location, visible to approximately 20,000 vehicles daily.
  • This value-add investment opportunity allows for increased returns through capital improvements, market rent adjustments, and potential redevelopment.
  • Strategically located near the Florida Turnpike and US Highway 1 intersection, providing swift access to Miami and key Southeast Florida markets.
  • Poised for significant appreciation, the asset is surrounded by major residential and commercial developments and $1.1B in consumer spending.

OVERVIEW

327-337 W Palm Drive in Florida City presents a rare opportunity to purchase a highly visible multi-tenant retail strip in a rapidly growing market. This value-add investment allows new ownership to immediately boost returns through strategic capital improvements and market rent adjustments, with additional future upside from a potential redevelopment opportunity utilizing the adjacent lot. Current tenants, including a food mart, bakery, and barbershop, enjoy strong visibility with building signage exposed to roughly 20,000 vehicles passing daily and increased foot traffic from the neighboring Ace Academy School. Adjacent to the Florida City City Hall, minutes from the Florida Turnpike and US Highway 1 junction, the property offers seamless access to Miami, greater Southeast Florida markets, and travelers heading north from the Florida Keys. Extensive western expansion is fueling growth in Florida City, with significant residential developments such as On Alba by Onx Homes, the recently delivered Onx On Centro townhomes, and the upcoming Century Home Builders Park Square communities, all bringing hundreds of new homes to the area. As the surrounding community evolves, existing properties like this one are poised to appreciate, offering a prime early opportunity for investors to capitalize on rising demand. With $1.1 billion in consumer spending within a five-mile radius, much of it driven by the food and alcohol industries, 327-337 W Palm Drive is a wise investment positioned for long-term success. For more information about this offering, please contact Dan Cohen via text at (305) 389-6255.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$383 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,375 SF

ZONING

C-I, Homestead

APN/PARCEL ID

16-7824-007-2400

ASK ABOUT THIS PROPERTY

Dan CohenDan CohenMore Info
786-460-3974

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Dan CohenDan CohenMore Info
786-460-3974

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