Introducing a prime commercial listing offering an exceptional opportunity for investors and business owners. This 2-story office building spans a generous 32,489 sq ft and is currently vacant. Situated on one of the last remaining 3-acre properties in downtown Palmetto Bay, this property holds immense potential for major redevelopment ventures such as mixed-use developments, multifamily residences, and more. The location is strategically advantageous, being nestled within an opportunity zone, providing potential tax benefits for investors. Additionally, it is conveniently positioned within a half-mile radius of the new Hibiscus Street South Dade Rapid Transit Station, ensuring excellent accessibility and connectivity for tenants, customers, and employees.
Mls | A11414376 |
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Listing Type | For Sale |
Style | Office Bldg |
Subtype | Resale |
Status | Pending |
Year | 1973 |
Days On Site | 527 |
Listing Provided By | All Luxury Realty LLC | Yovahnn Vinas |
Sq Feet | 32,489 |
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Storys | 2 |
Buildings | 1 |
Zoning | 6800 |
Acreage | 3.00 |
State | FL |
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County | Miami Dade |
City | Palmetto Bay |
Zip Code | 33157 |
Area | 50 |
Listing VS Median (in 33157) | |
Price: $7,500,000 low | high Med: $497,500 SqFt: 32,489 low | high Med: 1,730 $ / SqFt: $231 low | high Med: $338 On Site: 527 low | high Med: 105.000000 |