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116 S Miami Ave Miami, FL $ 3,000,000
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$ 3,000,000 Get more info
116 S Miami Ave
$ 3,000,000
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116 S Miami Ave

Miami, FL, 33130
$ 3,000,000
Bedrooms-- Baths-- Sq 4,500

Monthly Estimate*

$ 18,716

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116 S Miami Ave, Miami, FL 33130 - Image 14
View a Virtual Tour

Commercial Property for sale in Miami, FL

for $3,000,000. This 4,500 square foot building was built in 1901.

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.

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Commercial Active

Price

$ 3,000,000

Property Type

Commercial

Taxes

$ 41,774

Style

Year Built

1901

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11704370
Features
General
Sewer Public Sewer
Possession Close Of Escrow
Year Built 1901
Property Subtype Retail
Building Name Messina Building
County Miami-Dade
Property Type Commercial Sale
Status Active
Directions Owner Occupied. Potential Dev Site & potential 6% cap if leased up. Text agents for internal videos of existing space. See attached OM.
City Miami
Zoning Description 6401
MLS Area 32
Lot Size Units Square Feet
Lot Size Square Feet 4480
Listing Terms Cash
Tax Annual Amount 41774
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11704370
Structure Type Other Retail
Standard Status Active
Occupancy Type Owner
Legal Description MIAMI NORTH PB B-41 S35FT OF LOTS 1 & 2 & N10FT OF LOT 24 & N10FT OF E48FT OF LOT 23 BLK 124 LOT SIZE 4480 SQ FT OR 26591-1576 0689 4
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Interior
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 4480
Building Area Total 4500
Lot Dimensions 45
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
The Hoffmann Group Real Estate

Broker

luis@luishoffmann.com

Email

Affordability Calculator

$22,197
Per Month
84%
16%
0%
Monthly Principal & Interest
$18,716
Monthly Property Taxes
$3,481
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/31/2025$3,000,000 Listed Price

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116 S Miami Ave, Miami, FL, 33130 is a Commercial Property for sale at $3,000,000 with 4,500 sqft. 116 S Miami Ave was built in 1901. The property's zip code is 33130 which is in Miami, FL

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