Home » Properties » 516 NW 57th Ave, Miami FL 33126

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516 NW 57th Ave Miami FL 33126 - Mixed Use Commercial Sale

Prime mixed-use commercial property near Miami International Airport with retail and office spaces in a high-traffic area.

$2,199,000

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MLS #A11837406

Listing Updated: 2026-07-12 18:29:17

Listed By: Florida Realty of Miami Corp

Overview

This mixed-use commercial property at 516 NW 57th Ave, Miami, offers a unique opportunity for buyers seeking retail and office space in a strategic location. Built in 1974 and recently recertified for 40 years, the building stands in a busy corridor just five minutes from Miami International Airport. The property features 14 units, including five retail stores on the first floor and nine office spaces on the second floor. Surrounded by well-known national retailers, it benefits from strong visibility and consistent vehicle traffic, making it suitable for various commercial uses.

Property Highlights

• 14 Total Units • 5 Retail Stores on First Floor • 9 Office Spaces on Second Floor • Located 5 Minutes from Miami International Airport • Close to National Retailers like CVS, Pollo Tropical, Wendy’s • Completed 40-Year Recertification • Assigned and Guest Parking Available

Property Details

City: Miami

State: FL

Zip Code: 33126

Address: 516 NW 57th Ave, Miami FL 33126

Year Built: 1974

Property Type: Commercial Sale

Property Sub Type: Mixed Use

Listing Office Name: Florida Realty of Miami Corp

County: Miami-Dade County

Garage Spaces:

Parking Features: Assigned, Guest

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $22,117

Days On Market: 331 Days

Original Listing Description

"Shopping Center Available – Prime Investment Opportunity-Priced to sell !!! This exceptional commercial property offers investors the opportunity to acquire a well-positioned retail and office asset in a high-traffic corridor just five minutes from Miami International Airport. Strategically located among nationally recognized retailers such as CVS, Pollo Tropical, and Wendy’s, the property benefits from strong visibility, consistent vehicle flow, and a thriving commercial environment. The building has successfully completed its 40-Year Recertification, confirming compliance with structural and safety requirements and reinforcing its solid condition. Property Highlights: • 14 Total Units, 5 Stores in First Floor, 9 offices in second floor. "

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

516 NW 57th Ave, Miami FL 33126

About This Neighborhood

Located in a bustling commercial corridor of Miami, this property benefits from proximity to major retailers and convenient access to Miami International Airport. The surrounding area features a mix of retail, dining, and office establishments, contributing to a dynamic business environment. The neighborhood supports strong vehicular traffic and offers easy connectivity to key city routes, making it an attractive location for businesses seeking visibility and accessibility.

Walkability & Lifestyle

This commercial property is situated in an area with convenient access to various amenities. Nearby dining options, retail stores, and service providers contribute to a walkable environment for employees and visitors. The location benefits from easy access to major roads and public transportation, facilitating daily commutes and client visits. The proximity to Miami International Airport further enhances connectivity.

Things To Do Nearby

Nearby, residents and workers can enjoy a variety of activities including dining at popular restaurants, shopping at retail centers, and exploring waterfront parks. The area’s vibrant commercial scene offers entertainment options and convenient services. For those interested in outdoor activities, Miami’s beaches and marinas are just a short drive away, providing recreational opportunities beyond the workplace.

Nearby Schools

The area surrounding 516 NW 57th Ave offers access to several educational institutions, providing convenience for employees and business owners with families. While primarily commercial, the neighborhood's proximity to schools adds to its overall appeal for those relocating or establishing long-term operations in Miami. Educational options in the vicinity support a balanced community environment.

Why Buyers Like This Area

Buyers appreciate this property for its strategic location near Miami International Airport and established retail neighbors. The mixed-use setup offers flexibility for various business types, while the solid building condition ensures a reliable asset. The combination of high visibility, traffic flow, and proximity to amenities makes it a practical choice for commercial buyers seeking a well-positioned property in Miami.

Investment Potential

This mixed-use commercial property in Miami presents a solid opportunity for investors interested in retail and office spaces. Its location near Miami International Airport ensures steady traffic flow and visibility, attracting a diverse range of tenants. The presence of established national retailers nearby enhances the property's appeal and supports consistent demand. While rental income can vary, the strategic setting and flexible unit mix make this property a practical choice for those seeking a commercial asset in a vibrant market.

Market Trends

The commercial real estate market in Miami continues to attract interest due to its strategic location and growing economy. Properties near transportation hubs like Miami International Airport remain in demand for their accessibility and tenant appeal. Mixed-use buildings with retail and office components offer versatility that aligns with current market preferences. While inventory levels fluctuate, properties with strong location advantages tend to maintain steady buyer interest over time.

Rental Income Potential

The property's mix of retail and office units appeals to a broad tenant base, supporting potential rental opportunities. Its location near Miami International Airport and established retailers contributes to consistent demand. Seasonal fluctuations may affect occupancy, but the diverse unit types provide flexibility for leasing. Prospective investors should consider market conditions and tenant profiles when evaluating rental income potential.