Overview

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  • Status: Active
  • Parking No info
  • Size: No info
  • Price Per: No info/No info
  • Type: Retail
  • Built: 2017
  • HOA: No info
  • MLS Number: A11382351
  • View No info
  • On Site: 358 days
  • Updated: 143 Days Ago
  • Page Views: 10

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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Price History

DateEventPriceChange RatePrice Per
10/02/2023Price Reduced$9,900,000.0010.0%$1,550.75 ft2/$16,692.16 m2
05/04/2023Listed$11,000,000.00$1,723.06 ft2/$18,546.85 m2

Features

Property Details for 5840 SW 71 St, South Miami, FL 33143

Retail current status is Active, 5840 SW 71 St is a Retail in , South Miami, FL 33143 with property MLS ID# A11382351. This Retail has been listed on Best of Luxury Realty since May 04, 2023 and is currently priced at 9,900,000. This property was built in 2017.
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Area Specialist

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Tracey Schmitt
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Email: tracey@bestofluxuryrealty.com
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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This property is courtesy of the RE/MAX 360 Real Estate. This listing has been viewed 10 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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