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$9,000,000
Discover a unique investment opportunity in south miami, near us-1 and the university of miami. this standalone, multi-tenant building is in the city's specialty retail—hometown district overlay. covering 6,384 sf on a 10,700 sf lot, it boasts a floor area ratio (far) of 1.6 and permits up to 4 stories. the property features two fully equipped, second-generation restaurant spaces with complete kitchens, hood-vent systems, and walk-in coolers. an inviting outdoor courtyard enhances open-air dining. located in an opportunity zone, it allows for extended operations until 4 am without on-site parking requirements. for investors, leasing at market rates of $85.00 nnn would generate a net operating income (noi) of $542,640 and a 6% cap rate.Retail - for Sale
5840 SW 71ST ST, MIAMI, FL 33143
Asking Price$9,000,000 Change Price$900,000
Share by:
- Lot size 10700sqft
- Taxes: Register to see
- Year Built 2017
-
Days on market:
432 day(s) Original Price:
$11,000,000Tax Legal Description:
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-
MLS:
A11382351 -
Property Type:
Retail -
Inclusions:
Building & Land
Cooling Description:
Central Building A/CSpecial Listing Conditions:
SaleLot Features:
Central Business District City Location
