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3101 NE 7th Ave
Miami, FL 33137
NNN Investment | Waterfront Retail · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Price reduced from $21M to $15M!
  • Term: 10 years + 3 Consecutive 10 year renewal options
  • Minimal Landlord Responsibilities: Roof and Structure
  • Includes main dining room and bar seating with floor to ceiling windows offering dramatic Biscayne Bay views, as well as deck seating on the water
  • Percentage Rent: Gross sales in any lease year, above $12 million, tenant pays percentage rent of 10%

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
12,316 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2017
Tenancy
Single
Building Height
2 Stories
Building FAR
1.28
Lot Size
0.22 AC
Zoning
T6-36 A-L, 4604 - Mixed-Use
Frontage
100’ on 7th Ave

AMENITIES

  • Signage
  • Waterfront
  • Wheelchair Accessible
  • Roof Terrace
  • Air Conditioning
  • Balcony

ABOUT 3101 NE 7TH AVE , MIAMI, FL 33137

Situated in the newly built Paraiso District surrounded by 1,350 high end residential condos, Amara is a brand new concept by the famous chef Michael Schwartz. This free standing building has 2 levels, with the restaurant on the ground floor & Paraiso Beach Club on the rooftop overlooking biscayne bay! The restaurant includes main dining room and bar seating with floor to ceiling windows offering dramatic Biscayne Bay views, as well as deck seating on the water. The approach is warm and inviting, drawing the outside in with white-washed paneling, natural woods, and graphic concrete tiles. Detailing is open, honest, and relaxed with exposed trusses and an open double-height steel stair. Set in a new neighborhood rising in East Edgewater, Miami, our new enclave will have a private beach club on the second floor of our bayside restaurant. Download Offering Memorandum: https://facommercial.com/properties/?propertyId=AMARA property video: https://youtu.be/nyZDwlBDB-A

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3230-102-0050
Land Assessment
$3,840,000
Improvements Assessment
$6,500,000
Total Assessment
$10,340,000
  • Listing ID: 14974546

  • Date on Market: 1/24/2019

  • Last Updated:

  • Address: 3101 NE 7th Ave, Miami, FL 33137

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