Basic Information

  • MLS # A11704370
  • Type Retail
  • Status Active
  • Year Built 1901
  • Total Sqft 4,480
  • Date Listed 12/09/2024
  • Days on Market 200
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.

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

Miami, FL 33130

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