11601 SW 216 St, Miami, FL, 33170

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$7,900,000
250 Days On Site

11601 SW 216 St
Miami, FL 33170

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
24,624
SqFt
$321
/SqFt
1985
Built
County:
Miami-Dade

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11601 SW 216 St11601 SW 216 St11601 SW 216 St11601 SW 216 St
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Retail Strip Shopping Center with National Tenant Restaurant Outparcel for Sale on Signaled Intersection of US-1 and SW 216th Street, in the fast-growing Goulds/Cutler Bay area. The shopping center is 24,626 SF and sits on 2.71 Acres, providing excellent visibility to 38,000 cars per day on US-1 and on SW 216th St. Tenants include Church's Chicken Outparcel National Tenant, and Ten junior complimentary tenants. The shopping center is being offered at a 5.8% Market Cap Rate and is 100% Occupied with stable tenants. This is an excellent investment for a buyer seeking a stable income. Located 1-mile South of the Florida Turnpike at Caribbean Boulevard and the New "Southplace City Center" at Southland Mall. A full Offering Memorandum is available upon request.

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Listing Snapshot
Price 
$7,900,000
Days On Site 
250 Days
Bedrooms 
N/A
Inside Area (SqFt) 
24,624 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
117,967 Acres
Year Built 
1985
MLS® Number 
A11573040
Status 
Active
Property Tax 
$68,005
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 months agoStatus changed to Active
8 months agoListing updated with changes from the MLS®
8 months agoPrice changed to $7,900,000
8 months agoListing first seen on site
General Features
Number Of Stories 
1
Parking 
Common
Property Sub Type 
Retail
Sewer 
Public Sewer
SqFt Total 
24624
Stories 
One
Water Source 
Public
Zoning 
BU-1A
Interior Features
Cooling 
Central Air
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Exterior Features
Construction Details 
Block
Roof 
Concrete
Community Features
Financing Terms Available 
CashConventional
MLS Area 
60
Listing courtesy of Cruz Commercial Realty, LLC

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2024, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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