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$7,100,000
Est. payment /mo
6,384 SqFt
UPDATED:
03/05/2025 06:27 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,384 sqft
Price per Sqft $1,112
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.
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
Virtual Tour https://tours.photostetic.com/5840sw71ststsouthmiamifl33143?b=0
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Listed by RE/MAX 360 Real Estate