5840 SW 71 St Active

Miami,FL 33143

$ 7100000

- Bed

0 Bath

6384 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,384 sqft

Price per Sqft $1,112

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 Sub-Type Retail

Property Description

Positioned in the heart of South Miami, just off US-1 and near the University of Miami. This multi-tenant property features two fully equipped, second-generation restaurant spaces, each outfitted with complete kitchens, modern hood-vent systems, and walk-in coolers. An inviting outdoor courtyard enhances the appeal of open-air dining. Located within an Opportunity Zone, the property offers potential tax incentives, no on-site parking requirements, and extended operating hours until 4 AM, further increasing its versatility and attractiveness. Buyer to assume existing Ygrene loan.
The property is zoned within the City of South Miami's Specialty Retail - Hometown District Overlay, allowing for flexible use and future development opportunities.

Location

State FL

County Miami-dade

Area 40

Interior

Cooling Central Air

Exterior

Private Pool Yes

Building

Water Public

Architectural Style Detached

Construction Status Resale

Others

Tax ID 09-40-25-030-0130

Acceptable Financing Assumable,Cash,Conventional

Listing Terms Assumable,Cash,Conventional

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