Business For Sale
11720-11740 Ne 2nd Ave, Miami, FL 33161

$3,750,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11631844
  • List Price: $3,750,000
  • Year Built:1956
  • Listing Date:July 29, 2024
  • Days On Market:117

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.

Features


  • Floor:
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Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker