116 S Miami Ave, Miami FL 33130,Miami,Miami-Dade County,Commercial Sale

WhatsApp Pinterest Facebook Twitter Linkedin Email

Commercial Sale Active

116 S Miami Ave, Miami FL 33130

$3,999,000

Overview

Property ID: A11704370

Retail
Property Type

1901
Year Built

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.