2000 SW 57th Ave

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2000 SW 57th Ave

Miami, FL 33155
Asking Price
$4.95M
Asset Type
Retail
Class
Class B

What's Special

2000 SW 57th Avenue is situated in the West Miami submarket, positioned at the intersection of Red Road and SW 20th Street. The neighborhood is a mix of established residential blocks and local business corridors, bordering the city of Coral Gables. The property is approximately three miles from the University of Miami and the Miracle Mile shopping district. Local transportation is supported by proximity to major thoroughfares, including the Tamiami Trail and the Palmetto Expressway, providing connectivity to the broader Miami-Dade area. This retail asset is suited for businesses seeking exposure to local commuter traffic and high-density residential surroundings. The location supports neighborhood-oriented services, such as boutique fitness studios, specialty cafes, professional service firms, or medical offices. Prospective tenants typically include regional retailers or service providers targeting the demographics of West Miami and Coral Gables. The building configuration offers street-level visibility and accessibility for high-frequency consumer interaction.

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NOI
$80,000
Cap Rate
1.62%
DSCR
0.27
Underwater
Cash-on-Cash
-14.40%
Monthly Payment
$24,489.899
Annual Cash Flow
$-213,878.79

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