1. Florida
  2. Miami
  3. 116 S Miami Ave
$3,999,000

116 S Miami Ave, Miami, FL 33130

  • 4,500 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1901
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $889/sqft
  • Property List Date Icon Listed 6 months ago

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.

Listing Status:
Active
Date Added:
December 9, 2024 at 06:00AM
Listing Office:
The Hoffmann Group Real Estate : 305-962-6326
Listing Agent:
Luis Hoffmann : 305-962-6326
MLS ID:
A11704370
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County

This listing courtesy of Luis Hoffmann, The Hoffmann Group Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Downtown Miami Charter School

305 NW 3rd Ave, Miami, FL, 33128

Grades KG-6

0.45 miles away

A

Ada Merritt K-8 Center

660 SW 3rd St, Miami, FL, 33130

Grades PK-8

0.75 miles away

N

New World School of the Arts

25 NE 2nd St, Miami, FL, 33132

Grades 9-12

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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