Miami, FL 33130,116 S Miami Ave
Miami, FL 33130,116 S Miami Ave
Miami, FL 33130,116 S Miami Ave
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$3,000,000
Est. payment /mo
4,500 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $666

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


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Hoffmann Group Real Estate
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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116 S Miami Ave