Discover a standout commercial investment in the heart of the City of South Miami ; near US 1 and the University of Miami.


Property

Website:https://www.nestseekers.com/2777183
Address:
5840 SW 71 St
South Miami, FL 33143
Ownership: For Sale
Pets: Pets Allowed

Financials

Price: $9,900,000
Annual Taxes: $72,496

Description

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

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Courtesy of RE/MAX 360 Real Estate