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4685 NW 7th St 10,800 SF 100% Leased Retail Building Miami, FL 33126 $4,450,000 ($412.04/SF)
Investment Highlights
- Fully leased asset providing immediate cash flow
- High-visibility corner on NW 7th St with strong traffic
- Covered land play with income during hold period
- Significant upside through below market rents
- 0.56-acre site with T6-8-O zoning (high-density potential)
- Potential to leverage Live Local Act incentives
Executive Summary
For the Income-Focused Investor:
Fully leased retail strip with stable cash flow. Rents are below market, offering clear upside. Corner location on NW 7th St with strong traffic, good visibility, and on-site parking.
For the Developer:
0.56-acre corner lot zoned T6-8-O, allowing higher density residential or mixed-use. Located on a main corridor with easy access to the airport and major highways. Potential to benefit from Florida’s Live Local Act (affordable housing incentives), making it a strong long-term redevelopment opportunity with income in place.
Fully leased retail strip with stable cash flow. Rents are below market, offering clear upside. Corner location on NW 7th St with strong traffic, good visibility, and on-site parking.
For the Developer:
0.56-acre corner lot zoned T6-8-O, allowing higher density residential or mixed-use. Located on a main corridor with easy access to the airport and major highways. Potential to benefit from Florida’s Live Local Act (affordable housing incentives), making it a strong long-term redevelopment opportunity with income in place.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,800 SF
Building Class
C
Year Built
1972
Price
$4,450,000
Price Per SF
$412.04
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Lot Size
0.56 AC
Zoning
T6-8-O - T6-8-O. Up to 8 stories. High-density res/mixed-use. Live Local Act potential. Income in place.
Parking
26 Spaces (2.41 Spaces per 1,000 SF Leased)
Frontage
113’ on NW 7th St
Amenities
- Pylon Sign
- Signalized Intersection
Exceptionally walkable
90/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-3132-006-0300 | Total Assessment | $2,005,817 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
01-3132-006-0300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,005,817
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
Contacts
-
Cesar Youkhadar -
Maria Francisca Miranda -
Fortune Christie's International Real Estate
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4685 NW 7th St
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