$16,500,000
South Miami, FL 33155
MLS# A12067016
15115 sqft
1 / 3
Property Description
• 15,115 SF fully leased, multi-tenant retail center, renovated in 2023• Triple-net lease structure with staggered expirations and built-in annual rent bumps• Signature tenant CalaMillor, a celebrated Spanish restaurant and bakery concept, anchors the center$221,000 Average household income in a 1-mile radius•70,000+ vehicles per dayLocation Features• Positioned in a highly walkable, transit-friendly corridos within Coral Gables’ urban core• Two miles to Metrorail access, one mile to University of Miami• 458,000 population in a 5-mile radius• Hard-corner signalized intersection at SW 40th St (Bird Rd) and SW 57th Ave (Red Rd) • Less than a mile from the University of Miami’s campus
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-08-06
Status: Active
Original List Price: 16500000
List Price: $16,500,000
Current Price: $16,500,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: South Miami
Municipal Code: 9
Postal Code: 33155
Subdivision Number: 6
Flood Zone: X
Country: United States
Street Number: 4000
Street Direction Prefix: SW
Street Name: 57th
Street Suffix: Avenue
State Or Province: FL
Postal Code +4: 5318
Area: 2400
Parcel Number: 0940240060050
Zoning: 6700
General Property Information
Occupant Type: Call Listing Agent
Lot Size Area: 22550
Property Sub Type: Retail
Building Area Main: 15115
Year Built: 1946
Lot Size Acres: 0.52
Office/Member Information
DXORIGMLSID: SEF
Structure Type
Retail: 1
Business Type
Retail: 1
Price Calculations
Current Price To SqFt: 1091.63
Section Details
Parcel Number MLX: 0050
Financial Information
Tax Legal Description: WESTERFIELD MANOR SEC 1 & 2 PB 18-47 LOTS 11 THRU 14 INC LESS E10FT & N20FT FOR R/W BLK 2 & 15FT ALLEY LYG W & ADJ CLOSED PER ORD-33 92- 152
Status Change Information
Major Change Timestamp: 2026-08-06T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-06
Originating Details
Originating System Key: 542126813
Originating System ID: M00000151
Property Features
Business Type: Retail
Structure Type: Retail
Listing Office: E. L. S. Realty Corp.
Last Updated: September - 10 - 2026
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