Property 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, it’s a strategic choice in a dynamic market.
Features
: Centralair
: Detached
Address Map
FL
Miami-Dade County
South Miami
33143
5840 SW 71 St
W81° 42' 42.5''
N25° 42' 17.8''
MLS Addon
Commercialsale For Sale
5840 SW 71 St, South Miami, Florida 33143
10,700 Sqft
$9,900,000
MLS # #A11382351
Basic Details
Property Type : Commercialsale
Listing Type : For Sale
Price : $9,900,000
Year Built : 2017
Lot Area : 10,700 Sqft
MLS # : A11382351
Property Sub Type : Retail