$7,250,00092 days on marketActive

5700 NW 27th Avenue, Miami, FL 33142

Miami, FL 33142

Sq Ft

1952

Year Built

0.76 acres

Lot Size

Listing Snapshot

List Price	$7,250,000
Beds	0
Baths	0
Living Area	0 sqft
Lot Size	0.76 acres

Year Built	1952
MLS #	1155696070
Status	Active
Days on Market	92

About This Home

This unique property consists of 4,538 SF of building space plus over 15,500 SF of semi-enclosed work areas dedicated to automotive repairs, situated on a gated 1.38-acre lot zoned UC-MCS, allowing for a variety of uses including automotive, self-storage, multifamily up to 90 units per acre, or mixed-use development up to 10 stories. The property offers flexibility to continue as an automotive repair and export facility or redevelop into multifamily, commercial, or other urban uses. Perfect for a credit tenant - auto dealership (car/truck/boat), EV service center, self-storage facility, or mixed-use project. It is located near the MLK Metrorail station and the planned North Corridor transit line, making it an excellent candidate for transit-oriented development or commercial redevelopment. The property includes a large amount of automotive equipment. It is currently owner-occupied and can be delivered vacant.Situated on a high-visibility stretch of NW 27th Avenue in the Model City neighborhood, the property is adjacent to emerging developments such as the 41-unit multifamily project in Model City and benefits from spillover growth from nearby Allapattah and Wynwood. The area is seeing significant investment, including the Dulce Vida mixed-income housing (230 units), Anatomia high-rise (499 units), and Rubell family apartments (330 units), enhancing long-term growth and investment potential along this corridor.