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11720-11740 NE 2nd Ave, Miami FL 33161

Commercial Recently Sold
$3,000,000

BTC: 46.87500000

ETH: 1,718.21305842

Sold on: 2024-12-20
144 days
0 room(s)

Overview

This property is a 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 40,329SF of land. It features a 3,859SF 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

Florida • Miami • 33161 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1956
Lot:
40329 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $581K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.
All facts and features

  • Lot

    • Lot: 40329 Square Feet

    Other Property Information

    • Parcel Number: 30-21-36-025-0860

    • Zoning: BU-1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Restaurant/Entertainment

  • Source details

    • MLS ID: A11631844

    Other facts

    • Construction Materials: CBS Construction / Wood Siding

    • Lot Features: Central Business District / Corner Lot

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33161
272
median $665K
Active
Same city
Miami
12,162
median $650K
Active
Same type
Commercial
1,157
median $1.3M
Active
Similar price
$2.6M – $4.9M
797
median $3.5M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: APEX Capital Realty LLC