Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: No info
- Price Per: No info/No info
- Type: Retail
- Built: 2017
- HOA: No info
- MLS Number: A11382351
- View No info
- On Site: 371 days
- Updated: 155 Days Ago
- Page Views: 10
Discover a standout commercial investment in the heart of the City of South Miami; near US-1 and the University of Miami. This free-standing, multi-tenant property in the Specialty Retail - Hometown District offers versatility on a 10,700 SF lot with a 6,384 SF building. It boasts development potential (1.6 FAR, 4-story height limit), houses two ready-to-operate restaurants with full kitchens, and offers an outdoor dining courtyard. Located in an Opportunity Zone, allows operation until 4 AM and has relaxed parking regulations. Enhanced by nearby developments like Sunset Place and Avalon South Miami, it's a strategic choice in a dynamic market.
Contact AdvisorPrice History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
10/02/2023 | Price Reduced | $9,900,000.00 | 10.0% | $1,550.75 ft2/$16,692.16 m2 |
05/04/2023 | Listed | $11,000,000.00 | $1,723.06 ft2/$18,546.85 m2 |
Features
Property Details for 5840 SW 71 St, South Miami, FL 33143
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- Exterior and Lot Features
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- Interior, Heating and Cooling
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- Building and Construction
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- Year Built: 2017
- Style: Detached
- Waterfront and Water Access
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- School Information
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- Other Property Info
- Community Name: No info
- Subdivision Name: No info
- Property Type: Retail
- Property Subtype: Commercial Sale
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 05/04/2023
- Area: 40
- Brokered By: RE/MAX 360 Real Estate
- Legal Description: COOPERS SUB PB 4-152 E5FT OF S40FT & E3FT OF N31.55FT OF S71.55FT OF LOT 21 & LOT 22 LESS W2FT OF N68.45FT & ALL LOTS 23 & 24 LOT SIZE IRREG
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $72,496.00
- Type of building: No info
- Occupancy Information: Tenant
- Occupancy Percentage: No info
- Property Type Description: No info
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- Number of Units: No info
- Number of Floors: No info
- Number of Stories: No info
- Zoning Information: 6300
- Total Acreage: No info
- Acreage Description: No info