5840 Sw 71 St, South Miami

$9,900,000

0 Bed
0 Bath
0 Acre
0 Garage

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.

Essential Information
MLS® #A11382351
Price$9,900,000
Bathrooms0.00
Acres0.00
Year Built2017
TypeCommercial
Sub-TypeRetail
StyleDetached
StatusActive
Community Information
Address5840 Sw 71 St
Area40
CitySouth Miami
CountyMiami-Dade County
StateFL
Zip Code33143
Interior
CoolingCentral Air
Additional Information
Date ListedMay 4th, 2023
Days on Market369
Listing Details
Listing Courtesy ofRE/MAX 360 Real Estate
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