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3200 N Miami Ave
Miami, Florida FL 33127-3522
Price: $37,500,000
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Listing ID: A11211503
Status: Active
Acres: 1.110 Acres
Subdivision: A C SUB

Incredible opportunity on this hot location in Midtown and Wynwood area. Located directly across the street from the Shops at Midtown this site is a corner-to-corner block site including lots in the rear for a total of 44,600+ square feet not including the alley. Income producing with 15,000+ square feet leasable including the United States Post Office, Mattress King and others has become a destination site for urban residents looking for innovative food truck alternative dining alternatives. Many of the tenants are month to month, property is currently zoned T5-O with T4 on the vacant lots in the rear. It is increasingly difficult to put together sites like this one. There are 4 lots included. Income represented via owner. The total sf includes the alley.

Primary Features

County: Miami-Dade County
Price Before Reduction: 40000000
Price Reduction Date: 2022-08-31T13:18:02+00:00
Property Sub Type: Business
Property Type: Land
Subdivision: A C SUB
Zoning: 6101

Interior

External

Lot Size Area: 48000
Lot Size Square Feet: 48000
Road Frontage Type: Main Thoroughfare
Road Responsibility: Public Maintained Road
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Source: Public

Location

MLS Area Major: 31
Number Of Lots: 4
Postal City: Miami
Public Survey Township: 1
Waterfront: no

Additional

Current Use: Other
Days On Market Replication: 99
Days On Market Replication Date: 2022-08-31T00:00:00+00:00
Public Survey Section: 25
Tax Legal Description: A C SUB PB 119-82 TR A LOT SIZE .22 AC OR 19073-1821 0300 6 (2)

Financial

Gross Scheduled Income: 618702
Insurance Expense: 24576
Net Operating Income: 492176
Operating Expense: 125526
Ownership: Corporation
Possession: Closing & Funding
Tax Annual Amount: 74950
Tax Year: 2020

Zoning Info


© 2022 MIAMI Association of REALTORS® (MAOR). All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's in the MIAMI Association of REALTORS® cooperative agreement: Broward, Palm Beaches & St. Lucie REALTORS® and the Miami Association of REALTORS®. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Information is deemed reliable but not guaranteed. Listing courtesy of Elliott Realty Services Inc.. Data last updated Sunday, September 25th, 2022 at 10:02:55 AM.

Contact - Listing ID A11211503

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Miami Real Estate

517 Arthur Godfrey Road
Miami Beach, FL 33140
Phone: 786-344-8776

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