Basic Information

  • MLS # A11382351
  • Type Retail
  • Status Active
  • Subdivision/Complex
  • Year Built 2017
  • Total Sqft 10,700
  • Date Listed 05/04/2023
  • Days on Market 363
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, its a strategic choice in a dynamic market.

Exterior Features

  • Waterfront No
  • Pool No
  • Design Description Detached
  • Parking Spaces 0
  • Parking Description
  • Style Retail

Interior Features

  • Adjusted Sqft 10,700
  • Cooling Description CentralAir
  • Sqft 10,700

Property Features

  • Address 5840 SW 71 St
  • Aprox. Lot Size 10,700
  • Architectural Style Detached
  • City South Miami
  • County Miami-Dade County
  • Furnished Info No
  • Listing Terms Cash,Conventional
  • Occupant Type Tenant
  • Possession ClosingFunding,CloseOfEscrow
  • Postal City South Miami
  • Public Survey Township 9
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $72,496
  • Tax Information COOPERS SUB PB 4-152 E5FT OF S40FT E3FT OF N31.55FT OF S71.55FT OF LOT 21 LOT 22 LESS W2FT OF N68.45FT ALL LOTS 23 24 LOT SIZE IRREG
  • Tax Year 0
  • Terms Considered Cash,Conventional
  • Type of Property Retail
  • Water Source Public
  • Year Built Details Resale

5840 SW 71st St

South Miami, FL 33143

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: RE/MAX 360 Real Estate. tel: 305-602-0360

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