Overview
APEX Capital Realty is proud to exclusively present this 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 40,329 SF of land. It features a 3,859 SF 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. • Location: The property sits on just under one acre and is conveniently located just north of Miami Shores, south of North Miami, and adjacent to Barry University’s main campus. • Layout: The property features an exceptional layout split in the middle with indoor and outdoor seating. • Accessibility: Sits on a corner and is accessible from all sides. Enjoys private parking of 25-30 vehicles. • Design: The building includes a sports bar concept and recently remodeled the indoors half into a speakeasy. • Versatility: This property is perfect for an owner-user seeking a North Miami location or as a redevelopment site. • Subdividable: The building can be subdivided into 2 spaces allowing for renovation and re-rental opportunities for investors. Don’t miss the rare opportunity to buy this highly sought after prime piece of real estate. Contact us today to learn more and explore the potential of 11720-11740 NE 2nd AVE.
Property details
This property is no longer on the market. Details are shown as they were published while it was listed.
