For Sale605 Days

$7,900,000

11601 216 St
Miami, FL 33170

Commercial For Sale

24,624 Sq. Ft.

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Cruz Commercial Realty, LLC

Description for 11601 216 St, Miami, FL 33170

For Sale> Miami-Dade County> Miami> 33170

Retail Strip Shopping Center with National Tenant Restaurant Outparcel for Sale on Signaled Intersection of US-1 and SW 216th Street, in the fast-growing Goulds/Cutler Bay area. The shopping center is 24,626 SF and sits on 2.71 Acres, providing excellent visibility to 38,000 cars per day on US-1 and on SW 216th St. Tenants include Church’s Chicken Outparcel National Tenant, and Ten junior complimentary tenants. The shopping center is being offered at a 5.8% Market Cap Rate and is 100% Occupied with stable tenants. This is an excellent investment for a buyer seeking a stable income. Located 1-mile South of the Florida Turnpike at Caribbean Boulevard and the New “Southplace City Center” at Southland Mall. A full Offering Memorandum is available upon request.

Property Details

Listing Details

Parent: 2236272

Status: For Sale

Property Type: Commercial

Property Style:Retail

Sale/Rent: For Sale

MLS#: A11573040

Price: $7,900,000

List Date: 04/20/2024

Square Feet: 24,624 Sqft

Year Built: 1985

DOM: 1

List Agent MLSID: 3242993

Location Information

Country: US

State: FL

County: Miami-Dade County

City: Miami

Zip Code: 33170

Street: 216 St

Street Number: 11601

Postal Code 4: 2933

Building Name: GOULDS SHOPPING PLAZA

Longitude: E0° 0' 0''

Latitude: N0° 0' 0''

Address: 11601 SW 216 St

MLS Area Major: 60

Street Dir Prefix: SW

Entire Listing Display?: Yes

Garage/Parking

Parking Feature:Common

Carport?: No

Garage?: No

Exterior Features

Roof:Concrete

ConstructionMaterials:Block

WaterFront and WaterAccess

Waterfront?: No

Land Info

Parcel Number: 30-60-07-000-0250

Utilities

Cooling:Central Air

Sewer:Public Sewer

HOA Info

Stories: 1

Tax Info

Tax Desc: 7 56 40 & 12 56 39 2.71 AC M/L SW1/4 OF SW1/4 OF SW1/4 OF SW1/4 LESS SR #5 & LESS S55FT & N25FT & SE1/4 OF SE1/4 OF SE1/4 LYG SELY SR #5 LES

Taxes: $68,005

Listing Information

Office Name: Cruz Commercial Realty, LLC

Agent Name: Marlen Cruz

Cumulative DOM: 1

List Office MLSID: CRZC01

MLS: Sefmiami

Original List Price: $7,900,000

Potential Short Sale: No

Last Changed:

StructureType:Retail

WaterSource:Public

Price History

Source: MLS

Date	Event	Price	Source
2024-04-20	For Sale	$7,900,000	MLS

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Courtesy of Cruz Commercial Realty, LLC

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Information is deemed reliable but is not guaranteed.

© 2025 Miami Association of REALTORS®. All rights reserved. The information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.