Discover a standout commercial investment in the heart of the City of South Miami ; near US 1 and the University of Miami.
Website: | https://www.nestseekers.com/2777183 |
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Address: | 5840 SW 71 St South Miami, FL 33143 |
Ownership: | For Sale |
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Pets: | Pets Allowed |
Financials
Price: | $9,900,000 |
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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 Phone: +1305-907-7555 Fax: +1305-675-0745 | |
Courtesy of RE/MAX 360 Real Estate |