99 7Th StMiami, FL 33130

  • Commercial land
  • 25,063 SF

Property Details for 99 7Th St

Year built
1939
Construction
CONCRETE
Lot size
1.62 AC
Property size (Sq ft)
25,063 SF
Zone code
6408:RAPID TRANS-HI DENS
Property type
Commercial land
APN
01-0205-030-1090
APU
102050301090

Description

This exceptional waterfront restaurant property in Miami, Florida, offers a unique investment opportunity. Located at 99 SW 7th St, Miami, FL 33130, this retail space boasts a total of 16,000 square feet, with multiple tenancy options available. Two spaces are currently available, ranging from a minimum of 3,805 square feet to a maximum contiguous space of 7,108 square feet. A significant 10,913 square feet is currently vacant, presenting a substantial opportunity for expansion or multiple tenants. The property is situated in Miami-Dade County and benefits from an ample 1050 parking spaces, ensuring convenient access for patrons. This prime location offers unparalleled visibility and access for a thriving restaurant business, capitalizing on the vibrant Miami waterfront scene. The property's classification as a retail space with a restaurant subtype indicates its suitability for a variety of food and beverage establishments. The substantial square footage and parking availability make this an ideal location for a large-scale restaurant or a collection of smaller, complementary businesses. This is a rare chance to secure a prominent waterfront presence in the heart of Miami.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $24,768,306
    Hospitality
    $22,687,634
    Educational
    $18,875,846
    Medical
    $19,525,014
    Retail
    $29,362,426

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.7685
Longitude
-80.195
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$903,749
$42,971,662
$15,470
$42,987,132
-
$42,971,662
$15,470
$42,987,132

FAQs

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