For Sale
$4,750,000

64 54Th StMiami, FL 33127

Prime Miami flex office, 6 units, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a fully leased, 8,300 square foot creative office building in Miami's vibrant Buena Vista/Little Haiti area. Built in 2017, this single-story, Class B property features six versatile bays, each approximately 1,383 square feet, with 18-foot ceilings and mezzanine levels. Each unit includes modern amenities such as ADA-compliant restrooms, kitchenettes, HVAC, fire sprinklers, and 10x10 garage doors. The property offers ample parking (two spaces per unit) and secure gated access. The building sits on a 13,400 square foot lot and is zoned T5-O. Currently operating under a Net Lease agreement with six tenants, the property boasts a 5.36% cap rate and a strong NOI of $254,696. Annual rent bumps of 3% provide additional income growth potential. This turnkey investment offers a compelling combination of stable income, modern design, and a prime location in a rapidly growing market. The property's proximity to major transportation arteries and local amenities enhances its appeal to a wide range of tenants. Financial details, including the rent roll, are available upon request. This is a rare opportunity to acquire a well-maintained, high-performing asset in a desirable Miami neighborhood.

Highlights

  • $4,750,000 asking price for a 100% occupied, multi-tenant creative office building.
  • 8,300 square feet, six units, with 2 parking spaces per unit.
  • Located at 64 NW 54th St, Miami, FL 33127, in the Buena Vista/Little Haiti area.
  • Built in 2017, Class B, single-story building on a 13,400 sq ft lot.
  • Net lease (NNN) with a 5.36% cap rate and $254,696 annual NOI.

Property Details for 64 54Th St

Property type
Office properties, Office space
Square Feet
8,300 SF
Class
B
Year Built
2017
Buildings
1
Stories
1
Units
6

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8249959
Longitude
-80.1971277
64 54Th St, Miami, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
64 54Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message