170 NW 24th St, Miami, Fl 33127

$6,500,000
Home» Listings» North Central Miami / Allapattah Zone» 33127» 170 NW 24th St, Miami, Fl 33127
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  • Broker Property Comments: The subject property is comprised of a 6,000 SF of building on a combined 10,500 SF of land. The two contiguous parcel offering includes both 170 NW 24 St & 165 NW 23 St, constituting a flow-through property with 50′ of frontage on two of Wynwood’s highly activated streets. In-place income from three fully entitled restaurant tenants, the largest and longest-running of which is at dramatically below market rental rate. The estimated 6.6% cap rate on a 3 year proforma is grounded in rental rates already being achieved in the Wynwood sub-market. All impact fees have been paid. Tenant’s are separately metered for both electric and water. Exclusively represented by Central Commercial Real Estate

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Property Details

  • Address: 170 NW 24th St
  • SqFt Liv Area: 5880
  • MLS #: A10833234
  • Zip: 33127
  • Price: $6,500,000
  • City: Miami
  • County: Miami-Dade County
  • State: FL
  • DOM: 282
  • Lot Sq Footage: 10500
  • Parcel Number: 01-31-25-037-0480
  • Prop Type/Type of Building: Commercial/Residential Income,Restaurant/Bar
  • Property SqFt: 10500
  • Status: Active
  • #Tenants: 3
  • #Units: 3

Interior Features

  • Floor Description: Concrete Floors

Exterior Features

  • A/C Percentage: 100
  • Approximate Lot Size: 10500
  • #Buildings: 1
  • Construction Type: Concrete Block Construction
  • #Meters: 4
  • Roof Description: Concrete Roof
  • Style of Property: Commercial Retail

Financial Information

  • For Sale: 1
  • Type of Property: Retail
  • Zoning Information: 6101

This listing for the commercial property at 170 NW 24th St, Miami, Fl 33127 is courtesy of Central Commercial Real Estate.

All listing and other information for this 170 NW 24th St, Miami, Fl 33127 commercial industrial is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Real estate listings displayed on this site, including but not limited this commercial industrial listing for the property at 170 NW 24th St, Miami, Fl 33127, may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Information regarding property listings and otherwise is provided for consumer personal, non-commercial use, solely for the purpose of identifying real property for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. This 170 NW 24th St, Miami, Fl 33127 commercial industrial realty listing data comes from Miami MLS (multiple listing service) and is updated on a daily basis. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. All MLS data displayed is deemed reliable but is not guaranteed accurate by the MLS or Hawkins Commercial Realty.

Contact us for more information, thoughts about valuation, how to make an offer, etc., related to this 170 NW 24th St, Miami, Fl 33127 commercial industrial property, or other properties.

More Listed Commercial Properties in Zip 33127

Zip 33127 Commercial Realty Investment Profile

508 Off-Market / Non-MLS Listings Nearby

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0131250370480 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 01-1250-037-0480 (0131250370480)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records

Property Location*
Address: 170 NW 24 St
City: Miami
State: Florida
Zip Code: 33127-4414 (Listings)
County: Miami-Dade (Listings)
  –
Building Size – English*
Living Square Feet: 5,880
Actual Square Feet: 5,880
Adjusted Square Feet: 5,880
  –
Lot Size – English*
Lot Size (sf): 7,500
Lot Size (acres): 0.17
  –
Building Size – Metric*
Living Square Meters: 546.27
Actual Square Meters: 546.27
Adjusted Sq M: 546.27
  –
Lot Size – Metric*
Lot Size (sq m): 697
Lot Size (ha): 0.07
  –
Zoning & Land Use*
Land Use: 1111 – Store : Retail Outlet
Zoning: 6101 – Cen-pedestrian Orientatio
Municipal Zoning: T5 O (Miami)
All Listed | All Properties
  –
Prior Sale #1*
Type: Qual on DOS, multi-parcel sale
Qual: Q
Date: 07/06/2011
Amount: $765,000
  –
Prior Sale #2*
Type: Qual by verifiable & documented evidence
Qual: Q
Date: 08/01/1991
Amount: $180,000
  –
Prior Sale #3*
Type: Qual by verifiable & documented evidence
Qual: U
Date: 02/01/1990
Amount: $765,000
  –
Taxable Values*
Tax Year: 2020
Land: $2,250,000
Building: $219,617
Total: $2,469,617
Assessed: $696,617
County Taxable: $696,617
City Taxable: $696,617
Mill Code: 0100
  –
Ownership*
Owner 1: 170 Nw 24 Llc
Owner 2:
Mailing Address: 2200 Nw 2 Ave 214
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33127
Mailing Country: USA
  –
Building Information*
Bedrooms: 0
Bathrooms: 0.00
Stories: 1
Year Built: 1959
Effective Year Built: 1959
Extra Features 1: Cent A/c – Comm (aprox 300 Sqft/ton)
Extra Features 2: Paving – Concrete
  –
Legal Description*
Legal Description Concatenated: MARKS SUB PB 1-28 LOT 21 BLK 2 LOT SIZE 7500 SQ FT OR 15150-1660 0891 2

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.

Current Traffic Map:

Birdseye Aerial View:

The above birdseye aerial view and current traffic map are created using the address recorded with the county property appraiser for the folio entered for this listing. It is provided on a best efforts basis only and is not guaranteed.