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Gelfand Realty Miami Properties for Sale - Retail for Sale

5840 SW 71ST ST, SOUTH MIAMI, FL 33143

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Retail - for Sale

5840 SW 71ST ST, SOUTH MIAMI, FL 33143

Asking Price$9,900,000 Change Price$1,100,000

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  • Lot size 10700sqft
  • Taxes $72,496
  • Year Built 2017
  • Days on market:

    216 day(s)
  • Original Price:

    $11,000,000
  • Tax 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
  • Property Type:

    Retail
  • Inclusions:

    Building & Land
  • Cooling Description:

    Central Building A/C
  • Special Listing Conditions:

    Sale
  • Lot Features:

    Central Business District City Location

Description

$9,900,000

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.
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