Home » Properties » 5832 NW 27th Ave, Miami FL 33142

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Prime Mixed-Use Commercial Space at NW 27th Ave Miami

Mixed-use commercial space for rent near Dr. Martin Luther King Jr. Plaza station in Miami’s NW 27th Corridor.

$7,000

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MLS #A11772441

Listing Updated: 2026-07-10 18:40:41

Listed By: LA PREMIERE Realty

Overview

This mixed-use commercial property at 5832 NW 27th Ave offers strategic positioning in Miami’s NW 27th Corridor, benefiting from a robust daily traffic count of approximately 35,000 vehicles. The site is located within an Opportunity Zone, presenting potential tax advantages for businesses. Positioned just a few blocks from the Dr. Martin Luther King Jr. Plaza station, the property is well integrated into the Rapid Transit North Corridor initiative, aimed at enhancing public transportation and accessibility. Nearby infrastructure projects are attracting growth and increasing foot traffic, ideal for national tenants or quick-service restaurants seeking a solid platform in Miami’s evolving commercial landscape.

Property Highlights

Highly visible location with heavy daily traffic; Opportunity Zone tax benefits; proximity to major transit improvements; located in a rapidly developing corridor.

Property Details

City: Miami

State: FL

Zip Code: 33142

Address: 5832 NW 27th Ave, Miami FL 33142

Year Built: 1930

Property Type: Commercial Sale

Property Sub Type: Mixed Use

Listing Office Name: LA PREMIERE Realty

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $8,000

Days On Market: 434 Days

Original Listing Description

LOCATION, LOCATION. CALLING ALL NATIONAL TENANTS AND QSR. LA PREMIERE Realty is please to introduce 5832 NW 27th Ave, Miami FL 33142 located in NW 27th Corridor with a traffic count of 35000 +/- Daily cars..The property is located in the Opportunity Zone providing tax benefits to your business. Centrally located in the Rapid Transit North Corridor which is a $1.9 billion initiative aimed at enhancing public transportation for residents and located a few blocks away from Dr. Martin Luther King Jr. Plaza station. Don’t miss this opportunity to establish your business in Miami. Current massive project increasing the population in the area that will benefit your business, located less than 10 minutes from you.

Property Location

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

5832 NW 27th Ave, Miami FL 33142

About This Neighborhood

Located in Miami’s NW 27th Corridor, this area is seeing notable growth supported by city initiatives aimed at revitalizing the transit network. The neighborhood combines urban convenience with accessibility to key transportation hubs, making it attractive for both local enterprises and larger national businesses. This evolving corridor offers a dynamic commercial environment in the heart of Miami’s urban fabric.

Walkability & Lifestyle

This location stands out for its excellent transit accessibility thanks to the nearby Dr. Martin Luther King Jr. Plaza station. The corridor also serves as a key arterial roadway with various dining and shopping options within reach, supporting a convenient urban lifestyle for employees and visitors alike.

Things To Do Nearby

Area amenities include access to Miami’s rich cultural attractions and outdoor activities. The proximity to major transit routes allows easy travel to waterfront parks, entertainment districts, and culinary hotspots, making it an engaging location for business and leisure.

Nearby Schools

While this commercial property is positioned primarily for business use, families living and working nearby benefit from Miami’s network of educational options. The NW 27th Corridor provides relatively easy access to a variety of schools throughout the city, helping support a community that blends residential and commercial growth.

Why Buyers Like This Area

Buyers appreciate this property for its strategic placement within a high-traffic corridor undergoing significant investment. The combination of transit accessibility, tax incentives, and increasing neighborhood population offers a compelling platform for diverse commercial uses in Miami.

Investment Potential

This property’s location within an Opportunity Zone can offer tax benefits that enhance its appeal for national tenants or QSRs. The ongoing infrastructure developments, including the Rapid Transit North Corridor, suggest increasing accessibility and foot traffic, which are favorable for businesses looking to establish a presence in Miami’s northwest sector. While cautious about returns, businesses can benefit from improved connectivity and a growing neighborhood population nearby.

Market Trends

The NW 27th Corridor is experiencing renewed attention thanks to infrastructural investments. The proximity to the Dr. Martin Luther King Jr. Plaza station connects the property well to the wider Miami area, encouraging business influx. As infrastructure projects progress and population density rises, demand for versatile commercial spaces in this corridor is anticipated to strengthen.

Rental Income Potential

Given its high visibility and substantial traffic counts, this commercial space is well-positioned to attract tenants looking for strong market exposure. Its location near mass transit hubs adds to its desirability for businesses targeting both local customers and transient commuters. Seasonal demand cycles typical of Miami could further support rental interest throughout the year.