$3,000,000
$3,750,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
4,948 SqFt
SOLD DATE : 12/20/2024
Key Details
Sold Price $3,000,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 4,948 sqft
Price per Sqft $606
MLS Listing ID A11631844
Sold Date 12/20/24
Style Detached
Construction Status Resale
HOA Y/N No
Year Built 1956
Lot Size 0.926 Acres
Property Description
This property is a unique value-add opportunity, currently home to the well-established Mama Jennie's Italian Restaurant, a local favorite for over 40 years. The site encompasses four folios, totaling 40,329SF of land. It features a 3,859SF restaurant building with a fully permitted kitchen and bar, as well as an additional 628-square-foot structure used for office and storage. There is also significant development potential here. Under Miami-Dade County's Live Local Act, the site could support a sizable project, including up to 250 residential units per acre for workforce housing and ground-floor retail.
Location
State FL
County Miami-dade
Area 30
Direction The property sits on just under one acre and is conveniently located just north of Miami Shores, south of North Miami, and adjacent to Barry University’s main campus. The area is highly sought after, offering excellent accessibility.
Building
Story 1
Architectural Style Detached
Level or Stories One
Structure Type Block,Wood Siding
Construction Status Resale
Others
Tax ID 30-21-36-025-0860
Ownership Corporation
Financing Conventional
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Bought with APEX Capital Realty LLC
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