PRICE REDUCED! Retail/Redevelopment/$85/SF | 5235 NW 7th Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
PRICE REDUCED! Retail/Redevelopment/$85/SF 5235 NW 7th Ave
12,936 SF Retail Building Miami, FL 33127 $1,073,000 ($83/SF)
Investment Highlights
- *Prime Position: Located on NW 7th Ave, a high-traffic corridor with 24,000 daily vehicle count
- *Development Potential: Adjacent to the proposed 5,000-unit project by the Swerdlow Group
- *Convenient Access: Just minutes from I-95
- *Can be purchased in conjunction with 690 Nw 52 Street for an additional $950k(Across the street)
- *Accessibility and Connectivity to major highways and state roads
- Proximity: Near *Downtown Miami, Miami Beach, Port of Miami, Design District, Midtown, Miami International Airport, Wynwood, and the MiMo District
Executive Summary
Location Highlights:
Prime Position: Situated on NW 7th Ave, a high-traffic corridor with an impressive 24,000 daily vehicle count, ensuring maximum visibility.
Expansion Opportunity: Can be purchased in conjunction with 690 NW 52nd Street (located directly across the street) for an additional $937,000, offering significant development potential.
Strategic Location: Close to key areas such as Liberty Square and other major upcoming developments, positioning the property as a valuable asset in a rapidly evolving neighborhood.
Development Potential: Neighboring the proposed 5,000-unit mixed-use project by the Swerdlow Group, which is set to transform the area.
Accessibility and Connectivity:
Convenient Access: Just minutes from I-95, ensuring easy connectivity to Miami’s major thoroughfares and surrounding regions.
This property offers a unique combination of high visibility, strategic location, and substantial development potential, making it an ideal investment opportunity in a booming area.
*Proximity: Near Downtown Miami, Miami Beach, Port of Miami, Design District, Midtown, Miami International Airport, Wynwood, and the MiMo District
690 Nw 52 Street is not included for $937,500.00
Prime Position: Situated on NW 7th Ave, a high-traffic corridor with an impressive 24,000 daily vehicle count, ensuring maximum visibility.
Expansion Opportunity: Can be purchased in conjunction with 690 NW 52nd Street (located directly across the street) for an additional $937,000, offering significant development potential.
Strategic Location: Close to key areas such as Liberty Square and other major upcoming developments, positioning the property as a valuable asset in a rapidly evolving neighborhood.
Development Potential: Neighboring the proposed 5,000-unit mixed-use project by the Swerdlow Group, which is set to transform the area.
Accessibility and Connectivity:
Convenient Access: Just minutes from I-95, ensuring easy connectivity to Miami’s major thoroughfares and surrounding regions.
This property offers a unique combination of high visibility, strategic location, and substantial development potential, making it an ideal investment opportunity in a booming area.
*Proximity: Near Downtown Miami, Miami Beach, Port of Miami, Design District, Midtown, Miami International Airport, Wynwood, and the MiMo District
690 Nw 52 Street is not included for $937,500.00
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$42,000
|
$3.23
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$42,000
|
$3.23
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $42,000 |
| Annual Per SF | $3.23 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $42,000 |
| Annual Per SF | $3.23 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
12,936 SF
Building Class
C
Year Built
1950
Price
$1,073,000
Price Per SF
$83
Tenancy
Single
Building Height
1 Story
Building FAR
0.55
Lot Size
0.54 AC
Opportunity Zone
Yes
Zoning
T-5-O - Limited mixed use and multifamily residences
Covered land Play
Redevelopment Opportunity
Investor Ground Lease Opportunity
Parking
8 Spaces (0.62 Spaces per 1,000 SF Leased)
Frontage
77 FT on NW 7th Ave
Amenities
- Corner Lot
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 (2024) | |
| Land Assessment | $0 (2024) | Total Assessment | $935,691 (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$935,691 (2024)
1 of 18
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
PRICE REDUCED! Retail/Redevelopment/$85/SF | 5235 NW 7th Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.