For Sale
$1,950,000

90 54Th StMiami, FL 33137

Prime Location, High Visibility, Value-Add Potential

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional mixed-use property, located at 90 NE 54th Street in Miami, Florida, presents a compelling investment opportunity. Boasting 4,406 square feet on a 4,800 square foot lot, this 1983-built building is zoned T5-O and offers significant flexibility. Currently configured as two ground-floor retail units, the property also includes a private, gated parking lot, a rare amenity in this vibrant area. The second floor is currently ready for renovation, presenting an ideal opportunity to create a boutique office space to capitalize on the growing demand in this rapidly developing neighborhood. Its strategic location between Buena Vista, the Design District, and Little River provides exceptional visibility and accessibility. The property is currently income-producing, without the encumbrance of long-term leases, allowing for immediate cash flow and the potential for increased revenue through lease adjustments or renovations. The building's layout allows for single or multi-tenant occupancy, catering to a diverse range of potential uses. This is a rare chance to acquire a value-add property in a high-growth area of Miami, offering significant upside potential for savvy investors. The asking price is $1,950,000. The property's zip code is 33137.

Highlights

  • Adaptable floor plan for single or multi-tenant use.
  • Secure gated parking.
  • Prime location near Buena Vista, Design District, Little Haiti, and Little River.
  • Strong current income stream with short-term leases.
  • Significant value-add opportunity through second-floor renovation or full building repositioning.

Property Details for 90 54Th St

Property type
Retail properties, Mixed-use properties
Square Feet
4,406 SF
Year Built
1983

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8251725
Longitude
-80.194023
90 54Th St, Miami, Florida

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90 54Th St
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