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Investment Highlights

  • Located in the Heart of South Miami
  • 30+ Dedicated Parking Spaces
  • 100% Leased

Executive Summary

5606 SW 74 Street presents a rare opportunity to acquire a fully occupied, four-tenant retail building in the heart of South Miami. Offered at $5,250,000, this 5,588 SF asset sits in one of Miami-Dade's most consistently performing retail submarkets, surrounded by established national and regional retailers, high daytime traffic, and a dense, affluent residential base.
THE ASSET
The building comprises four retail suites at 100% occupancy, providing immediate in-place income from day one. With 30+ on-site parking spaces — a premium in South Miami's walkable urban core — the property offers tenants and customers a convenience advantage that directly supports tenancy retention and lease renewability.
THE LOCATION
South Miami commands some of the strongest retail fundamentals in the county. The SW 74 Street corridor benefits from proximity to the University of Miami, Coral Gables, and Pinecrest, drawing a high-income, educated consumer base with consistent spending power. Strong barriers to entry, limited new retail supply, and sustained population density make this submarket a proven store for long-term retail investment.
INVESTMENT HIGHLIGHTS
Asking Price: $5,250,000
Building Size: 5,588 SF
Tenancy: Four retail tenants — 100% occupied
Parking: 30+ dedicated spaces
Location: South Miami — high-traffic, infill urban retail corridor
Opportunity: Stabilized cash flow in a supply-constrained market

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Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
6,265 SF
Year Built/Renovated
1968/2020
Price
$5,250,000
Price Per SF
$837.99
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.34 AC
Zoning
6100 - 6100 COMMERCIAL - NEIGHBORHOOD
Frontage
125’ on 74th St
Exceptionally walkable
90/100
Fairly drivable
40/100
Good public transit
70/100
Fairly bikeable
50/100

Nearby Major Retailers

Ocean Bank
First Horizon Bank
Seacoast Bank
Regions Bank
Truist
F45 Training, Inc.
Club Pilates
LA Fitness
The Fresh Market
First Citizens Bank

Property Taxes

Property Taxes

Parcel Number
30-4131-019-0840
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,828,200
  • Listing ID: 40427098

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 5607 SW 74th St, Miami, FL 33143

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