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Retail - for Sale

3430 N MIAMI AVE, MIAMI, FL 33127

Asking Price$6,499,000

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  • Lot size 5976sqft
  • Taxes $47,415
  • Days on market:

    58 day(s)
  • Original Price:

    $6,499,000
  • Tax Legal Description:

    WYNDWOOD PARK PB 5-23 LOT 5 LESS N201N & LOT 6 BLK 7 LOT SIZE 5976 SQ FT COC 23052-4599 01 2005 5
  • Property Type:

    Retail
  • Waterfrontage (sqft):

    61
  • Special Listing Conditions:

    Sale

Description

$6,499,000

Unique investment opportunity to purchase a storefront commercial/retail property in a prime location within the midtown/wynwood area. the subject is a 2-story building, boasting a total of 4,502 sq. ft. of rentable/living area. this space breaks down to 2,562 sq. ft. on the ground level and 1,940 sq. ft. on the upper tier. additionally, the property offers an on-site gated parking area, accommodating eight marked spaces and furnished with three bathrooms. set on a lot size of 5,976 sq. ft., this property has the potential to house a new construction, with a maximum building height of 75 feet and no constraints on the number of stories. currently zoned as t5-o for general commercial use. refurbished in 2021, passed 40-year certification. annual average daily traffic (aadt) of 15,800.

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