5840 SW 71 St, South Miami FL 33143,South Miami,Miami-Dade County,Commercial Sale

$9,900,000

Overview

Restaurant/Entertainment
Property Type

Description

Free-standing multi-tenant building for sale. Nestled just off US-1, near the University of Miami, discover a unique commercial opportunity within the Specialty Retail – Hometown District Overlay of the City of South Miami. The multi-tenant retail property boasts 6,384 SF on a 10,700 SF lot. The property is a second-generation restaurant building, offering two ready-to-operate restaurant storefronts equipped with kitchens, hood-vent systems, and walk-in coolers. Delight patrons with an outdoor courtyard for al fresco dining. SR-HDOV benefits: operate until 4 AM with no on-site parking space mandates. Prime location. The building’s zoning allows for multiple uses.

Address

Open on Google Maps

Address: 71 St
City: South Miami
State/county: Miami-Dade County
Zip/Postal Code: 33143

Details

Updated on October 6, 2023 at 10:40 am

Price $9,900,000
Year Built 2017
Property Type Restaurant/Entertainment
Property Status Commercial Sale

Additional details

StreetDirPrefix SW
PublicSurveyRange 40
ShowingInstructions See Broker Remarks, Showing Assist
CoListAgentDirectPhone 305-772-8513
ListAgentKey a61b8f983e9c693ad86e37e830427d98
TaxLegalDescription COOPERS SUB PB 4-152 E5FT OF S40FT & E3FT OF N31.55FT OF S71.55FT OF LOT 21 & LOT 22 LESS W2FT OF N68.45FT & ALL LOTS 23 & 24 LOT SIZE IRREG
OnMarketDate 2023-05-04
ListAgentEmail cynthia@360miamirealestate.com
ContractStatusChangeDate 2023-05-04
MajorChangeTimestamp 2023-09-12T17:17:29.173Z
PhotosCount 47
SubAgencyCompensation $1
StatusChangeTimestamp 2023-05-04T19:11:03.543Z
BuildingName Multi-Tenant Restaurant
CoListOfficeName RE/MAX 360 Real Estate
PriceChangeTimestamp 2023-09-12T17:17:29.173Z
ListingKeyNumeric 381659490
MajorChangeType Price Decrease
ListingContractDate 2023-05-04
CoListOfficeKey b71e471826f98759bf9855bb1cd541d3
ListAOR A-Miami Association of REALTORS
TaxAnnualAmount 72496
ListOfficeName RE/MAX 360 Real Estate
CurrentUse Retail
OriginatingSystemKey miamire
BusinessType Restaurant/Bar, Retail Space
DualVariableCompensationYN no
PhotosChangeTimestamp 2023-09-12T17:25:12.787Z
OriginatingSystemName Miami Association of REALTORS®
ListOfficePhone 305-602-0360
MlsStatus Active
StreetNumber 5840
CoListOfficeMlsId RXRE01
ListingKey 5142b3847b39589457d14e06e64028e1
StateOrProvince FL
CoListAgentEmail BP@commercialmax.net
ListOfficeKey b71e471826f98759bf9855bb1cd541d3
BridgeModificationTimestamp 2023-09-13T04:05:33.752Z
ListAgentFullName Cynthia Lamaa
ListAgentOfficePhone 305-602-0360
ParcelNumber 09-40-25-030-0130
ListingTerms All Cash, Conventional/Refinance
SignOnPropertyYN no
OtherExpense 0
Possession Funding
CoListAgentOfficePhone 305-602-0360
IDXParticipationYN yes
InternetAddressDisplayYN yes
ListAgentMlsId 3266189
ModificationTimestamp 2023-09-13T04:00:07.270Z
OriginatingSystemID miamire
PreviousListPrice 11000000
DaysOnMarket 132
BuyerAgencyCompensationType %
ListOfficeMlsId RXRE01
Inclusions Building & Land
ListAgentDirectPhone 305-778-8944
CoListAgentFullName Billy Planes
CoListAgentKey d4ee4c0e642de2a11ec80a6ee3e797ed
StreetNumberNumeric 5840
CoListAgentStateLicense 3085463
NumberOfUnitsInCommunity 0
ExpirationDate 2024-04-30
SyndicationRemarks Building for Sale, featuring two restaurant storefronts conveniently located just off of US-1, within a stroll to the University of Miami. This property offers two restaurant storefronts totaling 6, 384 SF on a 10, 700 SF lot. The property is being sold equipped with hood-vent systems, functional kitchens, walk-in coolers, and more. You can start operating your restaurant concept immediately. In addition, the premise boasts an outdoor courtyard, providing ample space for your customers to enjoy al fresco dining. This is an excellent opportunity for end-users aiming to capitalize on the high demand for restaurant space. A must-see with its prime location, abundant surrounding parking, and fully equipped restaurant storefronts. Real Estate for Sale only.
ListAgentStateLicense 3266189
CoListAgentMlsId 3085463
PublicSurveyTownship 40
ListOfficeFax 305-574-7885
ListingAgreement Exclusive Right To Sell
PublicSurveySection 25
ListingId A11382351
SpecialListingConditions Sale
OriginalListPrice 11000000
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN yes
BuyerAgencyCompensation 2.75%
InternetAutomatedValuationDisplayYN no
OriginalEntryTimestamp 2023-05-04T19:11:03.543Z
SourceSystemKey 381659490
ListOfficeURL https://tours.photostetic.com/5840sw71ststsouthmiamifl33143?b=0
LotSizeSquareFeet 10700
InternetConsumerCommentYN no
CoListOfficePhone 305-602-0360
BuildingAreaTotal 6384