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$35,000,000
3246 N Miami Ave, Miami, FL 33127
0 Beds
0 Baths
n/a SqFt

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Incredible opportunity on this hot location in Midtown and Wynwood area. Located directly across the street from the Shops at Midtown this site is a corner-to-corner block site including lots in the rear for a total of 44,600+ square feet not including the alley. Income producing with 15,000+ square feet leasable including the United States Post Office, Mattress King and others has become a destination site for urban residents looking for innovative food truck alternative dining alternatives. Many of the tenants are month to month, property is currently zoned T5-O with T4 on the vacant lots in the rear. It is increasingly difficult to put together sites like this one.
  • Price:
  • $35,000,000
  • Acreage:
  • 1.03
  • Year Built:
  • 1935
  • Listing ID #:
  • A11211376
  • Street Address:
  • 3246 N Miami Ave
  • City:
  • Miami
  • State:
  • Florida
  • Postal Code:
  • 33127
  • County:
  • Miami-Dade
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Construction Type:
  • Concrete Block Construction
  • Features:
  • Automobile Traffic, Exterior Lighting, Heavy Traffic, Rear Access, Separate Warehouse Area, Showroom
  • Stories:
  • 1
  • Total # Of Buildings:
  • 2
  • Type Of Roof:
  • Composition Roll
  • Year Built:
  • 1935
  • Business Type:
  • Other Type
  • Gross Income:
  • 618702
  • Net Operating Income:
  • 492176
  • Operating Expense:
  • 126526
  • Conforms To Zoning:
  • 6101
  • Existing Land Use:
  • Mixed Use
  • Lot Size Units:
  • Square Feet
  • Lot Square Footage:
  • 44667
  • Road Frontage Type:
  • City Street
  • Days On Market:
  • 188
  • Included In Sale:
  • Building & Land, Leases
  • On Market Date:
  • 2022-05-24
  • Originating Mls:
  • Miami Association Of Realtors®
  • Previous Listing Price:
  • 37500000
  • Terms:
  • Other Lease Terms, All Cash, Other Terms
  • Ownership:
  • Corporation
  • Property Taxes:
  • $74,950
  • Tax Year:
  • 2021
  • Fence:
  • Fenced
  • Cooling System:
  • Central Building A/C, Central Individual A/C
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • Yes
  • Sewage Type:
  • Public Sanitation
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing provided by Elliott Realty Services Inc.
  • MIAMIRE

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