Basics
- Category: CommercialSale
- Type: Retail
- Status: Active
- Bathrooms: 0
- Lot size: 4480, 4480 sq ft
- Year built: 1901
- County: Miami-Dade
- MLS ID: A11704370
Description
-
Description:
MIAMI NORTH PB B-41 S35FT OF LOTS 1 & 2 & N10FT OF LOT 24 & N10FT OF E48FT OF LOT 23 BLK 124 LOT SIZE 4480 SQ FT OR 26591-1576 0689 4 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.
Show all description
Location
- Directions: Owner Occupied. Potential Dev Site & potential 6% cap if leased up. Text agents for internal videos of existing space. See attached OM.
Building Details
- Building Name: Messina Building
- Structure Type: Other,Retail
- Water Source: Public
- Sewer: PublicSewer
- Covered Spaces: 0
Expenses, Fees & Taxes
- Tax Annual Amount: $41,774
Miscellaneous
- List Office Name: The Hoffmann Group Real Estate
- Listing Terms: Cash
Ask our real estate expert about this property
This Retail-type commercial real estate is located in 116, Miami Ave, Miami, FL, 33130 was built in 1901, and is listed at $3,000,000.