4000 SW 57th Avenue, South Miami, FL 33155

$16,500,000
Property Type: Commercial Sale Square Footage: 15,115 Status: Active
Current Price: $16,500,000 List Date: 8/06/2026 Last Modified: 9/09/2026

Overview

Description

• 15,115 SF fully leased, multi-tenant retail center, renovated in 2023• Triple-net lease structure with staggered expirations and built-in annual rent bumps• Signature tenant CalaMillor, a celebrated Spanish restaurant and bakery concept, anchors the center$221,000 Average household income in a 1-mile radius•70,000+ vehicles per dayLocation Features• Positioned in a highly walkable, transit-friendly corridos within Coral Gables’ urban core• Two miles to Metrorail access, one mile to University of Miami• 458,000 population in a 5-mile radius• Hard-corner signalized intersection at SW 40th St (Bird Rd) and SW 57th Ave (Red Rd) • Less than a mile from the University of Miami’s campus

Listing Details MLS# A12067016

General Property Information

Property Sub Type
Retail
Occupant Type
Call Listing Agent
Building Area Main
15115
Year Built
1946
Lot Size Area
22550
Lot Size Acres
0.52

Property Features

Business Type: Retail Structure Type: Retail

Contract Information

Comp Sale YN
No
Original List Price
16500000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
4000
Street Direction Prefix
SW
Street Name
57th
Street Suffix
Avenue
City Name
South Miami
Municipal Code
9
State Or Province
FL
Postal Code
33155
Postal Code +4
5318
Area
2400
Parcel Number
0940240060050
Subdivision Number
6
Zoning
6700
Flood Zone
X

Financial Information

Tax Legal Description
WESTERFIELD MANOR SEC 1 & 2 PB 18-47 LOTS 11 THRU 14 INC LESS E10FT & N20FT FOR R/W BLK 2 & 15FT ALLEY LYG W & ADJ CLOSED PER ORD-33 92- 152

Status Change Information

Major Change Timestamp
2026-08-06T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-08-06

More Information

Price Calculations

Current Price To SqFt
1091.63

Section Details

Parcel Number MLX
0050

Originating Details

Originating System Key
542126813
Originating System ID
M00000151
IDX
Listing Office: E. L. S. Realty Corp.
Last Updated: September - 09 - 2026
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