Basic Information
- MLS # A11704370
- Type Retail
- Status Active
- Year Built 1901
- Total Sqft 4,480
- Date Listed 12/09/2024
- Days on Market 181
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.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
- Style Retail
Interior Features
- Adjusted Sqft 4,480Sq.Ft
- Sqft 4,480 Sq.Ft
Property Features
- Address 116 S Miami Ave
- Aprox. Lot Size 4,480
- City Miami
- County Miami- Dade
- Furnished Info no
- Listing Terms Cash
- Occupant Type Owner
- Possession Close Of Escrow
- Postal City Miami
- Public Survey Township 1
- Sewer Description Public Sewer
- Subdivision Complex
- Subdivision Info
- Tax Amount $41,774
- Tax Legal desc M I A M I N O R T H P B B-41 S35 F T O F L O T S1&2& N10 F T O F L O T24& N10 F T O F E48 F T O F L O T23 B L K124 L O T S I Z E4480 S Q F T O R26591-157606894
- Tax Year 0
- Terms Considered Cash
- Type of Property Retail
- Water Source Public
116 S Miami Ave
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Hoffmann Group Real Estate. tel: 305-962-6326
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