For Sale
$4,700,000

475 Le Jeune RdMiami, FL 33126

Prime Miami retail space, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
123
This exceptional 6,006 square foot retail property, located at 475 LeJeune Road in Miami, Florida (zip code 33126), presents a compelling investment opportunity. Situated on a sizable 18,270 square foot lot, this single-story, 1949-built building offers significant potential. The property's T6-8 zoning allows for diverse development options, including the possibility of subdividing into 3-4 units, each approximately 1,169 square feet. Its prime location in Miami provides convenient access to major attractions such as the upcoming Inter Miami Stadium, Miami International Airport, and Coral Gables Downtown. The asking price is $4,700,000, translating to a land value of $865.80 per square foot. This presents a covered land play ideal for investors seeking multifamily development or NNN lease investments. The property's strategic positioning on a major corridor ensures high visibility and accessibility, making it an attractive proposition in Miami's dynamic real estate market. The property's size and zoning flexibility offer considerable upside potential for savvy investors looking to capitalize on the area's strong demand and growing property values. The parcel number is 30-6005-009-0160.

Highlights

  • Miami's prime location.
  • T6-8 zoning.
  • Ample space ideal for multifamily development.
  • Near key amenities and services.
  • Excellent access to transportation and major roads.
  • High ROI potential.

Property Details for 475 Le Jeune Rd

Property type
Retail properties
Square Feet
6,006 SF
Year Built
1949
Buildings
1
Stories
1

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7769489
Longitude
-80.263658
475 Le Jeune Rd, Miami, Florida

FAQs

What type of property is this?
Retail property - Prime Miami retail space, high ROI potential.
Where is the retail property located?
The property is located at 475 Le Jeune Rd Miami, FL.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Miami's prime location.; T6-8 zoning.; Ample space ideal for multifamily development.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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475 Le Jeune Rd
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