Miami, FL 33130 116 S Miami Ave
$3,000,000
9 more
Presented By: This listing is courtesy of The Hoffmann Group Real Estate;
SQFT • 4,500
Home Details
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.
Presented By: This listing is courtesy of The Hoffmann Group Real Estate;
Interior Features for 116 S Miami Ave
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 116 S Miami Ave
Additional Parcels Y/NNo
Attached Garage No
Building NameMessina Building
Carport Y/NNo
CityMiami
CountyMiami-Dade
DirectionsOwner Occupied. Potential Dev Site & potential 6% cap if leased up. Text agents for internal videos of existing space. See attached OM.
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionMIAMI 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
Listing TermsCash
Lot Size Square Feet4480.0
Lot Size UnitsSquareFeet
MLS Area32
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeOwner
PossessionCloseOfEscrow
PostalCityMiami
Property Attached Y/NNo
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Showing InstructionsCall Listing Agent
Standard StatusActive
StatusActive
Structure TypeOther, Retail
Tax Annual Amount41774.0
Virtual TourClick here
Year Built1901
Zoning Description6401
Exterior for 116 S Miami Ave
Building Area Total4500.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions45
Lot Size Area4480.0
Private PoolNo
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Dora Hilda Carrero Perez
Realtor®
