Property is currently leased through 10/24/2023- Annual Rent of $273k.Property upgrades to include Impact Windows and Doors, 3 new HVAC systems, Electric gate, paved and restriped parking lot & New landscaping. Free-standing retail building located on the corner of SW 59th Pl and SW 71st St, has proposed plans to demolish and develop an 8-story 56-unit residence with ground floor retail and office suites. The corner lot is situated directly across from the South Miami Metro Rail Station, with ideal proximity to the nearby retail shops, University of Miami, Sunset Place Shops, and other local retail and amenities. This existing retail improvement and the lot are located within an opportunity zone that aims to increase the development of mixed-use, retail, and multi-family properties.
Courtesy of: Boschetti Realty Group, LLC. MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 10th December, 2022 1:44 AM (UTC)