Connect

116 S Miami Ave, Miami, FL – $3,999,000

  • $4M Price
  • 181 DOM
  • $4M Price
  • 181 DOM

116 S Miami Ave

Stand Alone Retail building in downtown Miami, FL. Investor potential proforma 6% cap rate for new owner. Owner-occupied. Also, potential development Site. Build up to 102 units as in a Transit Oriented Development (“TOD”) area using the Live Local/SB-102 Act. Zoned T6-80-O. Close to Luxury Developments, Flagler Street Promenade & the Miami Ave Metro-station at SE/SW 1st Street. Minutes to Brickell City, Miami World Center, & Kaseya Centers; Arts & Entertainment District, Bayfront Park; or via Miami Central Station connect to Miami’s Airport or Brightline. Shop at Whole Foods, Publix & Aldi. Set amongst tourist destinations, offices, & dining/nightlife & sports.

Request More Info

Essential Information

  • MLS® #A11704370
  • Price$3,999,000
  • Bathrooms0.00
  • Year Built1901
  • TypeCommercial
  • Sub-TypeRetail
  • StatusActive

Community Information

  • Address116 S Miami Ave
  • Area32
  • CityMiami
  • CountyMiami-Dade
  • StateFL
  • Zip Code33130-1605

Exterior

  • Lot Description45

Additional Information

  • Listing Courtesy ofThe Hoffmann Group Real Estate
  • Date ListedDecember 9th, 2024
Please provide a valid email address.

Price Change History for 116 S Miami Ave, Miami, FL (MLS® #A11704370)

Date Details Change
Price Reduced from $4,500,000 to $3,999,000 $501,000 (11.13%)