For Lease
$70/SF/YR

5840 71St StSouth Miami, FL 33143

Turnkey Restaurant, High-Traffic Area

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
115
This 3,192 sq ft South Miami restaurant space offers a fully equipped kitchen, including state-of-the-art hood-vent systems and walk-in coolers. Located in a prime Opportunity Zone, this multi-tenant building boasts extended operating hours (until 4 AM) and benefits from significant nearby development, including the Avalon South Miami and the redeveloped Shops at Sunset Place, bringing increased foot traffic and a vibrant atmosphere. Priced at $70/SF NNN with $150,000 key money, this turnkey opportunity minimizes startup costs and allows for immediate operation. The property sits on 0.25 acres and was built in 2017, renovated in 2019, and is zoned to allow for extended operating hours. The property's location in Miami-Dade County, within the South Miami submarket, offers excellent access to a dense population and high consumer spending. The addition of 290 luxury apartments and 31,000 square feet of retail space at Avalon South Miami, along with the 1,500 residential units, 287-room hotel, office space, and expanded dining and retail options at the redeveloped Shops at Sunset Place, promises significant future growth in the area. This presents a unique opportunity for restaurateurs to establish themselves in a thriving and rapidly developing community. The property's address is 5840 SW 71st St, South Miami, FL 33143. The Miami-Dade County APN is 09-4025-030-0130.

Property Details for 5840 71St St

Property type
Retail properties
RSF (Rentable sq. ft)
3,192 SF
Year Built/Renovated
2017/2019

Unit(s) available at that property

Space
1st
Size
3,192 SF
Rate per SF
$70

Location Insight

City
South Miami
County
Miami-Dade
State
Florida
Latitude
25.705177069639
Longitude
-80.288313659602
5840 71St St, South Miami, Florida

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Contacts

Cynthia Lamaa
Cynthia Lamaa
Billy Planes, CCIM
Billy Planes, CCIM
Visit Broker Website

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5840 71St St, South Miami, Florida, 33143

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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5840 71St St
  • Cynthia Lamaa
    Cynthia Lamaa
  • Billy Planes, CCIM
    Billy Planes, CCIM
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