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$3,999,000

Est. payment - /mo

4,500 SqFt

Active

116 S Miami Ave Miami, FL 33130

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Sammy Hernandez

sammysellsmiami@gmail.com +1(786) 203-8671

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $888

MLS Listing ID A11704370

HOA Y/N No

Year Built 1901

Annual Tax Amount $41,774

Lot Size 4,480 Sqft

Lot Dimensions 45

Property Sub-Type Retail

Property Description

Stand Alone Retail building in downtown Miami, FL. Investor potential proforma 6% cap rate for new owner. Owner-occupied. Also, potential development Site. Build up to 102 units as in a Transit Oriented Development (“TOD”) area using the Live Local/SB-102 Act. Zoned T6-80-O. Close to Luxury Developments, Flagler Street Promenade & the Miami Ave Metro-station at SE/SW 1st Street. Minutes to Brickell City, Miami World Center, & Kaseya Centers; Arts & Entertainment District, Bayfront Park; or via Miami Central Station connect to Miami's Airport or Brightline. Shop at Whole Foods, Publix & Aldi. Set amongst tourist destinations, offices, & dining/nightlife & sports.

Location

State FL

County Miami-dade

Area 32

Exterior

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Others

Tax ID 01-01-12-040-1030

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11704370

Listed by The Hoffmann Group Real Estate

+1(786) 203-8671

sammysellsmiami@gmail.com

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