$2,300,000
$2,950,000
22.0%For more information regarding the value of a property, please contact us for a free consultation.
5,276 SqFt
SOLD DATE : 09/11/2024
Key Details
Sold Price $2,300,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,276 sqft
Price per Sqft $435
MLS Listing ID A11483875
Sold Date 09/11/24
HOA Y/N No
Year Built 1952
Annual Tax Amount $24,600
Contingent Pending Inspections
Lot Size 10,500 Sqft
Lot Dimensions 105
Property Description
The Keyes Company exclusively presents this rarely available stand-alone building in Coconut Grove. This mixed-use property offers a versatile space for both commercial and residential purposes, combining 5 retail bays and 3 residential units in a prime location within the Coconut Grove neighborhood.
Retail units are approx. 730-770 SF, and Apartments are approx. 520 SF each. Currently three retail units vacant, and all other units are rented well below market rates.
The property sits on a lot size of 10,500 SF. It is zoned as T5-O, which encourages mixed-use development, allowing for a combination of residential, commercial, and office spaces. This zoning supports the diverse uses of the property.
The property is in a Qualified Opportunity Zone.
Location
State FL
County Miami-dade
Area 41
Interior
Heating Central, Electric, Other, Window Unit, Wall Furnace
Cooling Other, Wall/Window Unit(s), Central Air
Exterior
Parking Type Assigned, Common, Other, On Street
Total Parking Spaces 12
Building
Story 2
Water Public
Level or Stories Two
Others
Tax ID 01-41-20-006-0130
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Seller Financing
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with The Keyes Company
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "