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$2,300,000
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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.
Full Property Details
Full Property Details for 3811 Grand Ave
General
- Sold For: $2,300,000
- Taxes: $24,600
- Status: Closed
- Type: Retail
- Source: Greater_Miami
- MLS ID: A11483875
- Added to Site: 447 day(s) ago
Business
- Business Type: Residential-Multi-Family, Retail Space
Rental Information
- Lease/Rent Term: Month To Month
Parking
- Total Spaces: 12
- Parking Features: Assigned, Common, Other, On Street
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Individual A/C, Other, Wall/Window Unit(s)
- Heating Type: Central Electric, Central Individual A/C, Other, Wall/Window Units
Utilities
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Commercial, Free Standing
- Detached/Attached: Detached
- Stories/Levels: 2
- Building Size: 5276
- Current Bldg. Use: Mixed Use
- Year Built: 1952
- Other Struct. Feat.: Heavy Traffic, Kitchen Facilities, Other Licenses, Restaurant
Unit Information
- Units in Complex: 3
Lot Features
- Lot Size (Sq. Ft.): 10,500
- Frontage Feet: 105
- Potential Use: Investment
- Zoning: 6101
Financial Considerations
- Tax Amount: $24,600
- Terms: All Cash
- Tenant Pays: Electricity, Water
Disclosures and Reports
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Photos
- Legal Description: MAC FARLANE HOMESTEAD PB 5-81 LOT 12 & LOT 13 & BLK 1 W5FT OF LOT 11 LOT SIZE 105.000 X 100 OR 12236-3085 0884 1 COC 25431-1099 10 2006 5
- Inclusions: Building & Land, Fixtures, License, Equipment, Furniture/Fixtures
- Property ID: 01-41-20-006-0130
Listed by The Keyes Company
Sold by The Keyes Company
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Schools
Schools serving 3811 Grand Ave
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
238 Grand Ave, Coral Gables, FL 33133 | PK-5 | 0.2 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 17.2 mi | |
5801 Augusto St, Coral Gables, FL 33146 | 6-8 | 1.3 mi | |
450 Bird Rd, Coral Gables, FL 33146 | 9-12 | 0.7 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 12.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3811 Grand Ave
Date
Details
Price
Change
Source
9/11/2024
Sold
$2,300,000
-22.03%
MLS
11/02/2023
Listed
$2,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3811 Grand Ave, Miami, FL 33133 (MLS# A11483875) is a Retail property that was sold at $2,300,000 on September 11, 2024. Want to learn more about 3811 Grand Ave? Do you have questions about finding other Retail real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.