Commercial Sale · Retail
, MIAMI LAKES, FL, 33016
Active522 days on marketListed Feb 14, 2025MLS #A11745399
About this property
The property at a glance
Park Centre Shops is a 52,000 square foot shopping center fronting busy Miami Lakes Drive/154th Street and located just west of the Palmetto Expressway/SR 826. Located at the entrance of Miami Lakes Business Park West this shopping center one of the busiest in Miami Lakes enjoying heavy foot traffic during the week and weekend. The tenants mix of restaurant and service retail from well established local and national brands including Starbucks, Chipotle, Regions Bank, CVS, UPS, and Giardino's Gourmet.
51,804
Building sq ft
$0
Price / sq ft
196,259
Lot sq ft
1988
Year built
6400
Zoning
Retail
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
$14,215/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 Shawn to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
The area
Who's around this property
45,285
Population
$56,633
Median income
44
Median age
2.86
Avg household
$295,800
Median home value
$1,753/mo
Median rent
5,587
Households w/ kids
Recent sales
What actually sold near
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$28
Nearby listing
Sold Nov 7, 2024
$65
Nearby listing
Sold Aug 1, 2025
$48
Nearby listing
Sold Jul 7, 2025
Your team
The pros in your corner
Your agent
Shawn Headley
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for .
See it in person
Schedule a tour
Live availability from Shawn's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of The Graham Companies · Philip Wyllie. MLS #A11745399.
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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