116 S Miami Ave Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33130
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $888
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