2621 NW 32nd Street

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2621 NW 32nd Street

Miami, FL 33142
Asking Price
$1.60M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel measuring 0.25 acres available for purchase
  • Strategically situated in the Miami metropolitan submarket at 2621 NW 32nd Street
  • Asset priced at 1,599,900 dollars for prospective investment groups
  • Location provides connectivity to primary Miami regional transportation infrastructure
  • Property suits diverse commercial redevelopment or business operations projects

What's Special

This commercial land parcel spans 0.25 acres in the heart of Miami, Florida. Situated at 2621 NW 32nd Street, the site offers a strategic footprint for developers or business owners seeking a presence in a major metropolitan hub. Miami maintains a robust economy driven by international trade, tourism, and a dense, growing population base, making this location suitable for various commercial redevelopment projects. The parcel provides accessibility to key regional transportation corridors, supporting logistics or localized service operations within the urban core. Given the high demand for infill development in the area, this asset presents a functional option for investors looking to establish a footprint in one of the Southeast’s primary business markets. Prospective users should evaluate local zoning and site density requirements to align the property with specific business development goals.

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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.432
Annual Cash Flow
$-14,985.187

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