5556 4Th CtMiami, FL 33137

Property Details for 5556 4Th Ct

Year built

1938

Construction

CONCRETE

Lot size

0.95 AC

Property size (Sq ft)

5,349 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Turn key restaurants

APN

01-3218-077-0010

APU

132180770010

Description

This exceptional Miami property, located at 5556 NE 4th Ct in the vibrant MiMo submarket (zip code 33137), offers a unique opportunity for retail or restaurant businesses. The entire 8,673 square foot building is currently vacant and available for lease. The space is highly versatile, with a minimum divisible unit of 141 square feet and a maximum contiguous space of 5,531 square feet, allowing for flexibility in tenant configuration. This presents a chance to establish a single large operation or divide the space to accommodate multiple tenants. The property's location in the thriving MiMo district of Miami, Florida, ensures high visibility and accessibility. Its previous use as a high-end restaurant demonstrates the location's suitability for similar ventures or other businesses seeking a prominent presence in a dynamic area. The property's size and layout offer significant potential for a variety of commercial uses, making it an attractive investment for businesses seeking a prime location in a rapidly growing market. The address is easily accessible and benefits from excellent visibility and foot traffic. This is a rare opportunity to secure a substantial commercial space in a highly desirable Miami neighborhood. Serious inquiries are encouraged to explore the possibilities this property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $5,101,398

  6.5%

  $4,708,983

  7%

  $4,372,627

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,160,754

  Geo Method

  $5,160,754

• Alternative Use

  Use

  Valuation

  Residential

  $3,972,203

  Hospitality

  $3,638,517

  Educational

  $3,027,203

  Medical

  $3,131,313

  Retail

  $4,708,983

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8267

Longitude

-80.1874

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].