Miami, FL 33143,5840 SW 71 St
Miami, FL 33143,5840 SW 71 St
Miami, FL 33143,5840 SW 71 St
Miami, FL 33143,5840 SW 71 St
Miami, FL 33143,5840 SW 71 St
Miami, FL 33143,5840 SW 71 St
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$ 7,999,999
Est. payment | /mo

6,384 SqFt


$ 7,999,999
Est. payment | /mo

6,384 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,384 sqft

Price per Sqft $1,253

MLS Listing ID A11382351

Style Detached

Construction Status Resale

HOA Y/N No

Year Built 2017

Annual Tax Amount $72,496

Contingent 3rd Party Approval

Lot Size 10,700 Sqft

Property Description

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.

Location

State FL

County Miami-dade

Area 40

Interior

Cooling Central Air

Building

Water Public

Architectural Style Detached

Construction Status Resale

Others

Tax ID 09-40-25-030-0130

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by RE/MAX 360 Real Estate
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5840 SW 71 St