Messina Building - Land Development Site

$3,999,000

116 S Miami Ave, Miami, FL 33130

For Sale

Land Free Standing

Active

Last Updated: 03/25/2025

Details:

Building Size: 4,500 sqft

Occupancy: 100%

Year Built: 1901

Zoning: T6 - 150 du/acre

Tenancy: Single

Investment Strategy: Value Add

Offered by Realtor

Luis Hoffmann

The Hoffmann Group Real Estate, LLC.

#3036884

Request Info to Unlock

Brian Carter

Broker-Associate, MBA, CCIM

Douglas Elliman

#BK3022095

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Highlights:

Downtown Miami Development Site
Potential assemblage with 122 S Miami Ave at $8.0 mm to build up to 180 units
Email agent for Offering Memorandum

Description:

Standalone retail building across the river from Brickell City Center. Buy for your retail location or considering development? This is also a potential Development Site to build up to 102 units. Located in a Transit Oriented Development (“TOD”) area & Live Local/SB-102 Act submission increased the density. No filings submitted. Zoned T6-80-O. Adjacent site for potential assemblage. The property is close to major Luxury Developments, Flagler Street Promenade, & 1 block to the Miami Ave Metro-station at SE/SW 1st St. Walk to Brickell City Center, Miami World Center, Kaseya Center, Arts & Entertainment District, Bayfront Park; or via Miami Central Station connect to Miami’s Airport or Brightline. Local options include Whole Foods, Publix & Aldi.