475 Le Jeune RdMiami, FL 33126

Property Details for 475 Le Jeune Rd

Year built

1949

Property size (Sq ft)

6,006 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.7769

Longitude

-80.2637

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