Miami, FL 33143,5840 SW 71 St
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Miami, FL 33143,5840 SW 71 St
Miami, FL 33143,5840 SW 71 St
Miami, FL 33143,5840 SW 71 St
Miami, FL 33143,5840 SW 71 St
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$ 7,999,999
Est. payment /mo
Price Dropped by $1.0M

5840 SW 71 St Miami, FL 33143

6,384 SqFt


UPDATED:

11/10/2024 07:00 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

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

Lot Size 10,700 Sqft

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.

Location

State FL

County Miami-dade

Area 40

Interior

Cooling Central Air

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


Listed by RE/MAX 360 Real Estate

Alex Miranda

Licensed Realtor | COMP3203583

+1(305) 712-6522

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5840 SW 71 St