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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.
DAYS ON MARKET | 361 | LAST UPDATED | 9/12/2023 |
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YEAR BUILT | 2017 | COMMUNITY | 40 |
COUNTY | Miami-Dade | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
PRICE HISTORY | |
Prior to Sep 12, '23 | $11,000,000 |
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Sep 12, '23 - Today | $9,900,000 |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | 40 |
BUYER'S BROKERAGE COMPENSATION | 2.75% |
LOT | 10700 acre(s) |
STYLE | Detached |
TAXES | 72496 |
WATER | Public |
ZONING | 6300 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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