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Address
Open on Google Maps- Address 5840 SW 71 St
- City South Miami
- State/county FL
- Zip/Postal Code 33143
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.
Details
- Property ID: A11382351
- Price: $9,900,000
- Property Size: 6384 sqft
- Garage Size: x x
- Year Built: 2017
- Property Type: Retail
- Property Status: Active
- MLS#: A11382351
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Chic Living Miami, LLC. tel: 305-915-7607
