See all 46 photos
Overview
- Updated On:
- June 20, 2024
Description
Discover a unique investment opportunity in South Miami, near US-1 and the University of Miami. This standalone, multi-tenant building is in the City’s Specialty Retail—Hometown District Overlay. Covering 6,384 SF on a 10,700 SF lot, it boasts a Floor Area Ratio (FAR) of 1.6 and permits up to 4 stories.
The property features two fully equipped, second-generation restaurant spaces with complete kitchens, hood-vent systems, and walk-in coolers. An inviting outdoor courtyard enhances open-air dining. Located in an Opportunity Zone, it allows for extended operations until 4 AM without on-site parking requirements.
For investors, leasing at market rates of $85.00 NNN would generate a Net Operating Income (NOI) of $542,640 and a 6% Cap Rate.
Address: 5840 SW 71 St, Miami FL 33143
City: Miami
State/County: Miami-Dade County
Zip: 33143
Country: United States
Open In Google MapsProperty Id : 1123755
Price: 9.000.000 $
Other Features
Has Cooling System
46,144.78 $
per month- Principal and Interest
- Property Tax
- HOA fee
34,894.78 $
Fri
09
May
Sat
10
May
Sun
11
May
Mon
12
May
Tue
13
May
Wed
14
May
Thu
15
May
Fri
16
May
Sat
17
May
Sun
18
May
Your information
Reviews
You need to login in order to post a review
Similar Listings
3147 New York St # 3147, Miami FL 33133,Miam...
6.500 $
Step into this cozy townhouse in Miami’s Coconut Grove, featuring 3 bedrooms, 2.5 ba ...
8914 SW 25th St, Miami FL 33165,Miami,Miami-...
2.190.000 $
Newly constructed in Miami’s flourishing Westchester neighborhood, these modern town ...
2,045 ft2details
14921 SW 82nd Ln # 408, Miami FL 33193,Miami...
2.690 $
NICE CONDO 3 BEDS 2 BATHS IN THE KENDALL AREA. GREAT LOCATION!! NEAR TO EXCELLENT SCHOOLS ...