2729 NW 56th St, Miami FL 33142 | Miami-Dade County | A12121341
- $2,350,000
- $2,350,000
Description
PRIME COMMERCIAL INVESTMENT & DEVELOPMENT OPPORTUNITY, for sale this exceptional covered land investment opportunity along Miami’s thriving NW 27th Avenue Corridor. The property consists of four contiguous folios totaling 23,865 SF (0.55 acres), currently operating as a car dealership under a ground lease with approximately two years remaining, generating $13,250 monthly ($159,000 annually). The buyer is responsible for property taxes only. Zoned MCS, the property allows for a variety of commercial uses. The existing Car Dealer Certificate of Use and a letter confirming exemption from the 40-year recertification requirement can be provided upon request. Located within a designated Opportunity Zone, minutes from Miami International Airport, the property offers redevelopment potential of up to 10 stories and 90 units per acre, subject to verification and approvals. Attractive Seller Financing Available
Investment Highlights
23,865 SF | 0.55 Acres | 4 Contiguous Folios
$159,000 Annual Rental Income
Clear Channel sign: Month to Month | No Contract
Paying $4000.00 Yearly
Existing Car Dealer Certificate of Use
MCS Zoning | Opportunity Zone
Up to 10 Stories | 90 Units per Acre
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This listing is courtesy of LA PREMIERE Realty.
Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.
Address
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Address: 56th St
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City: Miami
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Zip/Postal Code: 33142
Details
Updated on November 11, 2026 at 10:41 pm-
Property ID A12121341
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Price $2,350,000
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Year Built 1927
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Property Status Active, Commercial Sale
Additional details
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Listing Terms All Cash, Conventional/Refinance, Owner Will Carry
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Waterfront No
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Association No
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Private Pool No
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Building Area 659
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Lot Size (Sq Ft) 5160
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Flood Zone X
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New Construction No
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