7111 Biscayne Blvd | Miami, FL 33138
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- LoopNet Team
7111 Biscayne Blvd
Miami, FL 33138
Retail Property For Sale
Investment Highlights
- The property was fully renovated in 2020 with upgrades to structural, mechanical, roofing, ADA compliance, and showroom finishes.
- The current lease is significantly below market, creating a clear opportunity to increase net operating income upon expiration.
- It is just a 5–10 minute drive to key neighborhoods such as the Design District, Wynwood, Midtown, and Miami Beach.
- The turnkey building requires minimal capital investment, making it ideal for immediate use or repositioning.
- Located in Miami’s sought-after MiMo District, the property is within walking distance of luxury hotels, dining, and retail.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,600 SF
Building Class
C
Year Built/Renovated
1936/2020
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.25 AC
Zoning
6101/CEN - Zoned CEN, the property allows for dense mixed-use redevelopment, offering long-term potential for vertical expansion or multifamily conversion.
Parking
5 Spaces (0.89 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
Property Taxes
| Parcel Number | 01-3207-032-0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,329,250 |
Property Taxes
Parcel Number
01-3207-032-0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,329,250
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