Commercial Sale · Mixed Use
5851 NW 17th Ave, Miami FL 33142, MIAMI, FL, 33142
Active70 days on marketListed Jun 8, 2026MLS #A12033079
About this property
The property at a glance
Prime Development Opportunity – Exceptional Investment Potential Rare opportunity to acquire a prime development site with an additional adjacent lot located at 5861 NW 17th Avenue. Situated in the heart of a rapidly transforming area experiencing billions of dollars in public and private investment, this property presents an outstanding opportunity for developers and investors. With the potential for multi-story residential development, this site is ideal for luxury condominiums, apartment complexes, or a mixed-use project, subject to zoning and municipal approvals. Its strategic location and strong growth trajectory make it a valuable asset for those looking to capitalize on the area’s continued expansion. This is a rare chance to secure a high-potential development site in one of South Florida’s fastest-growing markets. Buyer to verify zoning, density, land use, and all redevelopment possibilities with the appropriate governmental authorities.
3,100
Building sq ft
$806
Price / sq ft
0.34
Lot acres
1950
Year built
1
Building
6101
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$12,031/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Elizabeth to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
25,017
Population
$36,974
Median income
35
Median age
3
Avg household
$350,122
Median home value
$1,376/mo
Median rent
3,231
Households w/ kids
Consumer profile
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.
Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
Recent sales
What actually sold near 5851 NW 17th Ave
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$7,000
680 NW 71st St, Miami FL 33150
Sold Nov 11, 2024
$1,200,000
3470 E Coast Ave # 10, Miami FL 33137
Sold Aug 15, 2025
$1,800
7000 NW 2nd Ave # 7020, Miami FL 33150
Sold Feb 5, 2025
Your team
The pros in your corner
Your agent
Elizabeth Elliott
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 5851 NW 17th Ave — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 5851 NW 17th Ave.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Elizabeth's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Firm Luxury Realty INC. · Yashica Bain. MLS #A12033079.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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