3470 Coast Ave Miami, FL 33137

Property Details for 3470 Coast Ave

Year built

2007

Property size

2,404 SF

Zone code

6402:MIX USE-BORDERS CBD

Property type

Retail space

APN

01-3125-080-2770

APU

131250802770

Description

This exceptional 2,404-square-foot mixed-use property in Miami's vibrant Midtown neighborhood presents a rare investment opportunity. Built in 2007, this two-story building boasts 1,202 square feet of ground-floor retail space and an equally sized 1,202-square-foot second-floor flex space, ideal for live/work or office use. Each space features its own separate entrance, adding to the property's versatility. The retail space and the flex space are currently rented on a month-to-month basis, offering flexibility to the new owner. The building's attractive features include floor-to-ceiling windows, high ceilings, and a dual-zone air conditioning system. Two parking spaces are included. The property is situated within the Two Midtown complex, providing residents and tenants with access to a desirable array of amenities such as a swimming pool, fitness center, valet parking, concierge services, and 24-hour security. Its prime location places it within easy walking distance of numerous restaurants, upscale shops, and cultural attractions in Wynwood, the Design District, and Miami's beautiful beaches. The property is offered at $1,375,000 and currently generates an approximate 6% return on investment. This is a truly unique opportunity to acquire a thriving commercial property in one of Miami's most sought-after locations.

Location Insight

City

Miami

County

Miami-dade

State

Florida

Longitude

-80.1919

Latitude

25.8094

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments