Address
5885 SW 73rd St South Miami, FL
Price
$ 5,900,000
Property Attributes
  • MLS#A11032024
  • TypePending
  • CountyMIAMI-DADE
  • CitySouth Miami
  • Area40
  • Zip33143
  • StyleRetail
  • Year Built1977
  • Taxes$ 42674
  • Price$ 5,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9871
  • Lot Size0.38 Acres
Listing Provided Courtesy Of:
RE/MAX United Realty
Data Source:
Southeast Florida MLS (SEFMLS) - 43 - FL
Property Description

Prime South Miami property located on the corner of 73 St. and 59 Ave. very close to South Miami Hospital, South Miami MetroRail Station, and the University of Miami. Zoned SR (Specialty Retail) within HD-OV (Hometown District Overlay Zone). Maximum FAR (Floor Area Ratio) for the total development 1.6 (26,800 sf) Maximum Height: 4 stories (not greater than 50'). Six tenants in a total of 9 units with no vacancies. Currently 9,871 Bldg SF, with 28 parking spaces. Lot Size is 16,750 sq. ft. Walk Score AND Bike Score: 99/100, A Walker's and Biker's Paradise! PLEASE DO NOT DISTURB TENANTS ON THIS MATTER. BY APPOINTMENT ONLY.

Price History
4/24/2021 Listed $6,500,000
7/1/2021 10% - $5,900,000

General Features

Building Name 5885-5891
City South Miami
Construction Materials Block
Contingency 3rd Party Approval
Cooling CentralAir
County Miami-Dade County
Days on Market 177
Flooring Carpet, Tile, Wood
Grossincome 313695.0
Heating Central, Electric
Insurance Expense 11121.0
Lease Considered Y/N No
Levels Two
Lot Size Square Feet 16750.0
MLS Area 40
Maintenanceexpense 3008.0
Net Operating Income 137321.0
Occupant Type Tenant
Ok to Lease Item36Months
Operatingexpense 176374.0
Ownership Corporation
Possession ClosingFunding
Property SubType Retail
Property Type CommercialSale
Roof Concrete, Slate
Standard Status Pending
Status Pending
Stories 2
Street Name 73rd St
Structure Type Retail
Tax Annual Amount 42674.0
Tax Year 2020
TaxAssessedValue 2390000
Tenant Pays CommonAreaMaintenance
Terms Cash, Conventional
Total Units 9
Trash Expense 14336.0
Virtual Tour www.rem.ax/5885
Year Built 1977
Year Built Details Resale
Zoning Description 6300

Interior Features

Air Conditioning Y/N Yes
Buyerofficeemail ceciteran@avantiway.com
Heating Y/N Yes

Exterior Features

Building Area Total 9871.0
Covered Spaces 0.0
Lot Dimensions 124
Lot Size Acres 0.38
Lot Size Area 16750.0
Lot Size Units SquareFeet
Number of Buildings 1
Parking Features Common, Handicap, Valet
Road Frontage Type CityStreet
Total Parking 28.0
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 33143

Price
AVG $1.5M
$5.9M
Taxes
AVG $10,718
$42,674
Visits
AVG 88
167
Year Built
AVG 1978
1977
Walkscore
AVG 46
97
Data Provided by Walkscore ® not using MLS data

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