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Special Purpose - 5001 for Sale

5001 NW 17TH AVE, MIAMI, FL 33142

Asking Price$550,000

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  • Days on market:

    89 day(s)
  • Original Price:

    $550,000
  • Tax Legal Description:

    FAIRHAVEN GDNS PB 6-76 LOT 17 LESS R/W BLK 2 LOT SIZE 44.900 X 100 OR 13754-1473 0788 1
  • Tax Year:

    2024
  • Property Type:

    Special Purpose
  • Parking:

    Common On Street
  • Inclusions:

    Building & Land
  • Lease Term Remaining:

    Annual Lease
  • Construction Type:

    Cbs Construction
  • Roof:

    Various Material(S) Roof
  • Cooling Description:

    Central Building A/CWall/Window Unit(s)
  • Heating Description:

    Central Building A/CWall/Window Units
  • Floor Description:

    Carpet TileOther
  • Special Listing Conditions:

    Sale
  • Lot Features:

    Corner Lot Corner UnitIn Residential Area

Description

$550,000

Do not miss out! income producing add value play! lowest priced free-standing mixed-use building in city of miami! hard corner lot fronting nw 17 ave. zoning allows many commercial/ residential uses (apt, restuarant, retail, offices, & more). property operating as church/apartment w full kitchen downstairs and two 1/1 apt upstairs. 8% cap. current rent $4500 a month total. leases exp dec 2025. fenced corner lot w 5 parking spaces. ample street parking. 3 fpl & 1 water meter. roof & electrical upgraded last 7 yrs. 40 yr cert approved. perfect for the creative add value investor to purchase with income and add value by changing use to retail, restaurant, and more. t5-o zoning also allows 65 units per acre or can be t6-8-o (150 units per acre) w live local act. opportunity zone. flood zone x

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