$2,300,000
$2,950,000
22.0%For more information regarding the value of a property, please contact us for a free consultation.
3811 Grand Ave Miami, FL 33133
5,276 SqFt
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
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Bought with The Keyes Company