Miami, FL 33161,11720-11740 NE 2nd Ave
Miami, FL 33161,11720-11740 NE 2nd Ave
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$ 3,750,000
Est. payment | /mo

4,948 SqFt


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$ 3,750,000
Est. payment | /mo
Save

4,948 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 4,948 sqft

Price per Sqft $757

MLS Listing ID A11631844

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.

Exterior

Waterfront No

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

Listed by APEX Capital Realty LLC
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11720-11740 NE 2nd Ave