1540 SW 22nd Avenue Miami, FL 33145

$500,000
0.11
Acres
$500,000
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Prime high-traffic corner lot featuring an operating supermarket with 8 dedicated parking spaces - Located at the high-visibility intersection of SW 22nd Avenue and SW 16th Street. Rare opportunity to acquire an income-producing property in a predominantly residential neighborhood. Excellent visibility, strong street presence, and consistent foot traffic. Year-over-year growth in the area is currently at 13%, making this a compelling investment opportunity with upside potential. Lot size 5004 SQFT - building size 1626 SQFT.The current lease runs through December 2032.The property has successfully passed its 40-year recertification, offering added peace of mind and reduced near-term capital concerns. Favorable General Urban (T4) zoning allows for a versatile mix of residential and neighborhood commercial uses, with up to 3 stories permitted, offering flexibility and strong potential for future development or redevelopment in a growing, high-demand area.

Prime high-traffic corner lot featuring an operating supermarket with 8 dedicated parking spaces - Located at the high-visibility intersection of SW 22nd Avenue and SW 16th Street. Rare opportunity to acquire an income-producing property in a predominantly residential neighborhood. Excellent visibility, strong street presence, and consistent foot traffic. Year-over-year growth in the area is currently at 13%, making this a compelling investment opportunity with upside potential. Lot size 5004 SQFT - building size 1626 SQFT.The current lease runs through December 2032.The property has successfully passed its 40-year recertification, offering added peace of mind and reduced near-term capital concerns. Favorable General Urban (T4) zoning allows for a versatile mix of residential and neighborhood commercial uses, with up to 3 stories permitted, offering flexibility and strong potential for future development or redevelopment in a growing, high-demand area.

  • Neighborhood
  • Type
  • County
    Miami-Dade County
  • Area
    Grapeland
  • Tax Amount
    $6,554
  • Status
    Active
  • Listing #
    A11964970
  • Lot Size
    0.11
  • Listed on site
    107 days
  • Listing Agent Id
    3135516
  • Listing Agent Phone
    786-307-8157

Listed by:
RE/MAX Advance Realty II

Source:
MIAMI MLS

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  • No HOA
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