Positioned in the heart of South Miami, just off US-1 and near the University of Miami. This multi-tenant property features two fully equipped, second-generation restaurant spaces, each outfitted with complete kitchens, modern hood-vent systems, and walk-in coolers. An inviting outdoor courtyard enhances the appeal of open-air dining. Located within an Opportunity Zone, the property offers potential tax incentives, no on-site parking requirements, and extended operating hours until 4 AM, further increasing its versatility and attractiveness. Buyer to assume existing Ygrene loan.
The property is zoned within the City of South Miami’s Specialty Retail – Hometown District Overlay, allowing for flexible use and future development opportunities.
The property is zoned within the City of South Miami’s Specialty Retail – Hometown District Overlay, allowing for flexible use and future development opportunities.
Property Details
Price:
$7,100,000
MLS #:
A11382351
Status:
Active
Beds:
0
Baths:
0
Address:
5840 SW 71 St
Type:
Commercial
Subtype:
Retail
City:
Miami
Listed Date:
May 4, 2023
State:
FL
Finished Sq Ft:
6,384
Total Sq Ft:
6,384
ZIP:
33143
Year Built:
2017
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Schools
Interior
Cooling
Central Building A/ C
Exterior
Financial
Taxes
$72,496
Map
Community
- Address5840 SW 71 St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33143
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