CENTURY 21 Edge
Income/MultiFamily

Commercial Sale · Income/MultiFamily

$3,50011,250 sq ft$0 /sq ft

10951 NW 27th Ave, Miami FL 33167, MIAMI, FL, 33167

Active218 days on marketListed Jan 9, 2026MLS #A11942368

About this property

The property at a glance

RESTAURANT FOR LEASE – PRIME NORTH MIAMI LOCATION Restaurant space available for lease on a busy northwest street in North Miami, directly across from Miami Dade College. High daily traffic with excellent visibility. Turnkey restaurant – easy to operate Ideal for dine-in, takeout, or delivery concepts Strong foot traffic from students and nearby businesses Excellent exposure on a main road Suitable for multiple food concepts

11,250

Building sq ft

$0

Price / sq ft

11,250

Lot sq ft

1967

Year built

6061

Zoning

Income/MultiFamily

Property type

Building size11,250 sq ft
Lot size11,250 sq ft
Year built1967
Zoning6061
Business typeApartments, Restaurant/Bar
Annual taxes$8,448

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)

Down payment25% · $875
Interest rate6.00%
Loan term

Estimated payment

$880/mo

Principal & interest$16
Property taxes (actual bill)$704
Est. insurance$160

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 Alek to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

51,500vehicles / day · 2025Nw 110 St to Sr-916/Nw 135 St · Traffic count · Florida DOT

What’s nearby

Root Beer PalaceRestaurant0.1 mi
McDonald'sRestaurant0.1 mi
Dunkin'Restaurant0.2 mi
MayellaRetail0.6 mi
Taco BellRestaurant0.6 mi
Wendy'sRestaurant0.6 mi
Betancourt Auto SalesRetail0.6 mi
RaceTracGrocery0.6 mi
WalgreensBank0.6 mi
Motors Trust - Dealer Used Cars, Trucks, Cargo Vans, SUVsRetail0.8 mi
Automax Car SalesRetail0.9 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

4,638

Population

$24,408

Median income

48

Median age

3

Avg household

$277,380

Median home value

$899/mo

Median rent

520

Households w/ kids

Consumer profile

Party LifeTop 6%

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.

NetworkingTop 8%

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.

Wealth SignalingTop 15%

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Dating LifeTop 18%

With dating comes highs, lows, and lots of questions. You can find this population talking about dating advice, breakups and how to express their feelings.

Trendy EatsTop 22%

Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.

Hip Hop CultureTop 26%

Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.

Recent sales

What actually sold near 10951 NW 27th Ave

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

130 NE 55th St, Miami FL 33137

$1,550,000

130 NE 55th St, Miami FL 33137

Sold Dec 9, 2024

231 E 7th St, Hialeah FL 33010

$1,500,000

231 E 7th St, Hialeah FL 33010

Sold Dec 20, 2024

179 W 9th St, Hialeah FL 33010

$2,700,000

179 W 9th St, Hialeah FL 33010

Sold Apr 4, 2025

Your team

The pros in your corner

Alek Cherrone

Your agent

Alek Cherrone

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 10951 NW 27th Ave — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 10951 NW 27th Ave.

See it in person

Schedule a tour

Live availability from Alek's calendar — pick a time and it's booked.

Listing courtesy of Renters Paradise Realty · Francis Jacob. MLS #A11942368.

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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