Freestanding historic building located on the South West corner of Sunset Drive and 58th Court, in the heart of downtown South Miami. The property features 4,700 SF of ground floor retail plus 8 studios on the second floor (2,216 SF) brings the total building to 6,916 SF. Property includes a parking lot with 8 dedicated parking spaces, a rare offering in South Miami. Over 42,500 cars pass this property daily. Estimated over 111,000 people live within a 3 mile radius.
Property benefits from streetscape along Sunset Drive with wide sidewalks that provide sufficient patio space for restaurants. 4,700 SF 1st floor retail can be split in two space, 2,800 SF and 1,900 SF - perfectly suited for restaurant seeking 2nd generation restaurant space.
South Miami is experiencing a renaissance of redevelopment. The Shops at Sunset Place recently approved hotel and residential development. Proposed mixed-use residential tower 1 block south of subject property at current Winn-Dixie site.
5850 Sunset Drive
South Miami, FL 33143
| 1 Mile | 3 Mile | 5 Mile | |
|---|---|---|---|
| Population | 17,066 | 111,569 | 340,123 |
| Households | 6,570 | 42,364 | 123,562 |
| Avg Household Income | $101,206 | $115,079 | $95,285 |
| Median Home Value | $690,368 | $618,982 | $396,031 |
