7400 57Th AveSouth Miami, FL 33143

Property Details for 7400 57Th Ave

Year built

1963

Construction

CONCRETE

Lot size

0.44 AC

Property size (Sq ft)

6,384 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Outlet malls

APN

09-4036-032-0010

APU

940360320010

Description

This exceptional commercial land investment opportunity in South Miami, Florida, presents a compelling proposition for discerning investors. Located at 7400 SW 57th Ave, this property boasts a prime location just three blocks from the upcoming Sunset Place development, ensuring high visibility and significant foot traffic. The 8,995,000 asking price reflects the significant potential of this established commercial site. Currently occupied by a diverse range of tenants including Power Pizza, Subway, an international restaurant, and a beauty salon, the property offers immediate cash flow. Further enhancing its value is the inclusion of "The Famous Food Spot," a well-established and profitable local eatery with a loyal customer base. This fully operational restaurant adds a significant element to the overall investment. Built in 1963, the property benefits from its location amidst new high-rises and mixed-use developments, guaranteeing a consistent and expanding customer base. The property's strategic position in this affluent and rapidly developing South Miami neighborhood makes it an ideal investment for long-term growth and profitability. The property is zoned for commercial use and is situated in Miami-Dade County, Florida, with a zip code of 33143. This is a rare opportunity to acquire a thriving commercial property in a highly desirable location.

Location Insight

City

South Miami

County

Miami-dade

State

Florida

Latitude

25.7024

Longitude

-80.2857

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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