• Property Type
  • Retail
  • 0.56 Sq Ft
  • Land Area
  • Array
  • Property ID
  • 1972
  • Year Built
4685 NW 7th Street, Miami, FL 33126
  • $4,450,000

Description

Fully leased neighborhood retail strip center offering stable in-place income (100% occupied) with strong tenancy mix and immediate cash flow. Positioned on a prominent corner lot along NW 7th Street, the property benefits from high visibility and consistent consumer traffic within one of Miami’s primary service corridors.The asset is strategically located along a major east-west arterial roadway with approximately 44,744 vehicles per day (VPD), providing excellent exposure and accessibility. The corridor serves as a key commercial and transit link, located approximately 0.5 miles from SR 836 (Dolphin Expwy) and 2 miles from SR 826 (Palmetto Expwy). Zoned T6-8-O, the property allows for high-density mixed-use development and qualifies under the Live Local Act for affordable and workforce housing. While currently positioned as an income-producing investment, the asset offers long-term redevelopment potential.Pro forma stabilization supports an estimated cap rate of approximately 5.6%, with significant upside through rent growth toward market levels.An Offering Memorandum is available that outlines a conceptual affordable/senior housing development scenario, including the financing structure and capital stack. This is not an approved project but illustrates future potential.The submarket is currently favoring stabilized retail assets, with limited new retail development, positioning this opportunity as a covered land play with strong current income and future upside.

  • Address: Array
  • City: Miami
  • State/county: Miami-Dade
  • Zip/Postal Code: Array
  • Area: Miami

Details

Updated on August 27, 2026 at 12:53 am
  • Property ID Array
  • Price $4,450,000
  • Land Area 0.56 Sq Ft
  • Year Built 1972
  • Property Type Retail
  • Property Status Commercial Sale

Additional details

  • Building Area Total 10800
  • Building Features Exterior Lighting
  • Business Type Retail
  • Community Features Shopping
  • Days On Market 152
  • DistanceToFreewayNumeric 1
  • Documents Available Lease, Rent Rolls, Survey
  • ListAgentURL https://www.mirandacre.com
  • Listing Terms Cash, Conventional
  • Lot Features Corner Lot
  • Lot Size Area 24375
  • Mobile Dim Units Feet
  • NumberOfBuildings 1
  • Occupant Type Tenant
  • Ownership Type Corporation
  • ParkingTotal 24
  • Possession Close Of Escrow
  • RoadFrontageType City Street
  • Sewer Public Sewer
  • Street Suffix Street
  • TenantPays Electricity, HVAC Maintenance, Insurance, Minor Interior Maintenance, Sewer, Water
  • VideosChangeTimestamp 2026-08-25T19:29:50.767-00:00
  • Water Source Public
  • Zoning 6100

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