Properties

Features
: Central Building A/c
: City Location , Central Business District
1
Address Map
FL
Miami-Dade County
South Miami
33143
5840 SW 71 St
5840
Multi-Tenant Restaurant
0
W81° 42' 42.5''
N25° 42' 17.8''
09-40-25-030-0130
6300
: Sw
Additional Information
RE/MAX 360 Real Estate
$72,496
1
339
: Building & Land
: All Cash , Conventional/refinance
: Sale
: Restaurant , Commercial , Retail , Free Standing
: Public
Property Description

Discover a standout commercial investment in the heart of the City of South Miami; near US-1 and the University of Miami. This free-standing, multi-tenant property in the Specialty Retail - Hometown District offers versatility on a 10,700 SF lot with a 6,384 SF building. It boasts development potential (1.6 FAR, 4-story height limit), houses two ready-to-operate restaurants with full kitchens, and offers an outdoor dining courtyard. Located in an Opportunity Zone, allows operation until 4 AM and has relaxed parking regulations. Enhanced by nearby developments like Sunset Place and Avalon South Miami, it\'s a strategic choice in a dynamic market.

This listing is courtesy of RE/MAX 360 Real Estate.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0940250300130 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 09-0250-030-0130 (0940250300130)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 5840 SW 71 St
City: South Miami
State: Florida
Zip Code: 33143-3639 (Listings)
County: Miami-Dade (Listings)
  -
Building Size - English*
Living Square Feet: 6,384
Actual Square Feet: 6,384
Adjusted Square Feet: 5,951
  -
Lot Size - English*
Lot Size (sf): 10,700
Lot Size (acres): 0.25
  -
Building Size - Metric*
Living Square Meters: 593.09
Actual Square Meters: 593.09
Adjusted Sq M: 552.87
  -
Lot Size - Metric*
Lot Size (sq m): 994
Lot Size (ha): 0.10
  -
Zoning & Land Use*
Land Use: 2111 - Restaurant Or Cafeteria : Retail Outlet
Zoning: 6300 - Commercial - Restricted
Municipal Zoning: SR (South Miami)
All Listed | All Properties
  -
Prior Sale*
Type: Qual by exam of deed
Qual: Q
Date: 05/30/2014
Amount: $1,100,000
  -
Prior Sale #2* (Second to Last)
Type: Qual on DOS, but significant phy change since
Qual: U
Date: 07/01/1997
Amount: $1,700,000
  -
Prior Sale #3* (3rd to Last)
Type: Qual on DOS, but significant phy change since
Qual: Q
Date: 06/01/1981
Amount: $225,000
  -
Taxable Values*
Tax Year: 2023
Land: $1,829,700
Building: $2,070,300
Total: $3,900,000
Assessed: $1,408,025
County Taxable: $1,408,025
City Taxable: $1,408,025
Mill Code: 0900
  -
Ownership*
Owner 1: Grouper Somi Llc
Mailing Address: 605 Lincoln Rd #440
Mailing City: Miami Beach
Mailing State: Fl
Mailing Zip: 33139
Mailing Country: USA
  -
Building Information*
Stories: 1
Year Built: 1947
Effective Year Built: 2000
Extra Features 1: Cent A/c - Comm (aprox 300 Sqft/ton)
Extra Features 2: Patio - Brick, Tile, Flagstone
Extra Features 3: Sprinkler System/auto - Wet
  -
Legal Description*
Legal Description Concatenated: COOPERS SUB PB 4-152 E5FT OF S40FT & E3FT OF N31.55FT OF S71.55FT OF LOT 21 & LOT 22 LESS W2FT OF N68.45FT & ALL LOTS 23 & 24 LOT SIZE IRREGULAR

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.

Commercial Sale

5840 SW 71 St, South Miami, Florida 33143

$9,900,000
Listing ID#A11382351
QR Code
Basic Details
Property Type : Commercial Sale
Property Sub Type : Retail
Listing Type : For Sale
Listing ID : A11382351
Price : $9,900,000
Year Built : 2017
Built up area : 6,384 Sqft
Status : Active
Type of Business : Restaurant/bar