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$ 7,999,999
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Active Under Contract
5840 SW 71 St Miami, FL 33143
6,384 SqFt
UPDATED:
12/16/2024 08:54 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,384 sqft
Price per Sqft $1,253
MLS Listing ID A11382351
Style Detached
Construction Status Resale
HOA Y/N No
Year Built 2017
Annual Tax Amount $72,496
Contingent 3rd Party Approval
Lot Size 10,700 Sqft
Property Sub-Type Retail
Property Description
Discover a unique investment opportunity in South Miami, near US-1 and the University of Miami. This standalone, multi-tenant building is in the City's Specialty Retail—Hometown District Overlay. Covering 6,384 SF on a 10,700 SF lot, it boasts a Floor Area Ratio (FAR) of 1.6 and permits up to 4 stories.
The property features two fully equipped, second-generation restaurant spaces with complete kitchens, hood-vent systems, and walk-in coolers. An inviting outdoor courtyard enhances open-air dining. Located in an Opportunity Zone, it allows for extended operations until 4 AM without on-site parking requirements.
The property features two fully equipped, second-generation restaurant spaces with complete kitchens, hood-vent systems, and walk-in coolers. An inviting outdoor courtyard enhances open-air dining. Located in an Opportunity Zone, it allows for extended operations until 4 AM without on-site parking requirements.
Location
State FL
County Miami-dade
Area 40
Interior
Cooling Central Air
Exterior
Private Pool Yes
Building
Water Public
Architectural Style Detached
Construction Status Resale
Others
Tax ID 09-40-25-030-0130
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://tours.photostetic.com/5840sw71ststsouthmiamifl33143?b=0
Listed by RE/MAX 360 Real Estate