Contacts
Billy Planes
RE/MAX 360 Real Estate
Property Details
- Property Type Retail
- Property Size 6,384 SF
- Units 0
- Lot Size 10,700 SF
- Additional Rent Contact for pricing
- # of Floors 1
- Property Tenancy Multi-Tenant
- Year Built 2017
- Date Updated Nov 20, 2024
A unique commercial investment opportunity awaits in the heart of vibrant South Miami, just off US-1 and near the University of Miami. This free-standing, multi-tenant building, situated within the Specialty Retail - Hometown District Overlay of the City of South Miami, offers versatility and potential. It spans 6,384 SF on a 10,700 SF lot and boasts a significant development opportunity with a Floor Area Ratio (FAR) of 1.6 and a maximum buildable height of 4 stories. The property accommodates two fully equipped, second-generation restaurant spaces with complete kitchens, advanced hood-vent systems, and walk-in coolers. The outdoor courtyard enhances the venue, ideal for al fresco dining. Multiple-use zoning within an Opportunity Zone offers potential tax benefits and allows operations until 4 AM without on-site parking requirements. The property's appeal is further magnified by the ongoing transformation of Sunset Place, aimed at fostering pedestrian activity through the development of residential, office and supporting ground-level retail, resonating with an urban community's vibrancy. Additionally, the new AvalonBay project, Avalon South Miami, is set to enrich the area by the end of 2025 with 290 luxury apartments and 31,000 square feet of retail space. This property represents a strategic investment for those looking to capitalize on the dynamic and evolving South Miami market.
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Attachments
Getting around
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98/100
Walk Score ®
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79/100
Bike Score ®
Location
- City South Miami, FL
- Neighborhood Coopers - Carvers
- Zip Code 33143
- Market Miami
Points of Interest
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Gates E20-E35
6.25 miles
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Gates E2-E11
6.25 miles
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MIA Station
6.28 miles
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4
6.43 miles
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Miami Intermodal Center
6.62 miles
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Miami Airport
6.62 miles
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Brickell City Centre
7.36 miles
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Hialeah Market
7.58 miles
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MiamiCentral
7.65 miles
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ChargePoint
0.29 miles
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Shell
0.48 miles
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Marathon
0.66 miles
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Tom Thumb
1.00 miles
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BP
1.37 miles
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Chevron
2.14 miles
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Dockside
2.40 miles
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Tesla Supercharger
3.25 miles
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SemaCharge Charging Station
6.25 miles
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Sema Charging Station
6.58 miles
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South Miami Hospital Parking Garage
0.43 miles
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South Miami Hospital Employee Parking Garage
0.49 miles
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Shake Shack Parking
0.51 miles
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University Village Scodella Garage
0.54 miles
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University Village Albenga Garage
0.68 miles
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Ponce de Leon Garage
0.69 miles
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Lot 431 (Yellow)
0.85 miles
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Lot 425-S (Yellow)
0.85 miles
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University Metrorail Park-and-Ride
0.87 miles
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Lot 425-N (Yellow)
0.99 miles
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Sushi Maki
0.06 miles
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Jimmy John's
0.12 miles
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Shah of Kebab
0.15 miles
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Einstein Bros. Bagels
0.15 miles
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3 Chefs and a Chicken
0.25 miles
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Mojo Donuts
0.25 miles
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Popeyes
0.25 miles
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Papa John's
0.26 miles
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Sports Grill
0.27 miles
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Fiola Miami
0.35 miles
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Sunset Place
0.13 miles
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Winn-Dixie
0.16 miles
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Whole Foods Market
0.22 miles
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Publix
0.44 miles
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Wild Fork Foods
1.06 miles
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Target
1.37 miles
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Burlington
1.54 miles
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Ross
1.56 miles
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JCPenney
1.66 miles
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Macy's
1.76 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Billy Planes
RE/MAX 360 Real Estate
