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5621 NW 7th Ave Flex Space 5621 NW 7th Ave 1,701 SF Retail Building Miami, FL 33127 $950,000 ($558.50/SF)
INVESTMENT HIGHLIGHTS
- Owner-User Office or Retail - Currently split into two units.
- Parking for approximately 8+ cars onsite behind the building.
- High traffic location in an actively revitalizing neighborhood on NW 7th Ave.
- Situated in Opportunity Zone in Liberty City between Allapattah, Wynwood and Little River
EXECUTIVE SUMMARY
PRICE IMPROVEMENT!!
DWNTWN Realty Advisors has been retained exclusively to arrange the sale of 5621 NW 7th Ave in Liberty City, next to Miami’s most talked about neighborhoods of Wynwood
and Little River.
This 1,700 SF retail/office building on a 7,000 SF lot presents an excellent investment opportunity in a vibrant location on a major thoroughfare. The property could be used for retail, professional offices, flex storage, art galleries and much more under the flexible T6-8-Open liberal commercial zoning.
The property’s strategic position offers high visibility, heavy traffic, and proximity to vibrant local culture, catering to the increasing demand for urban retail and office space. Ongoing urban infill development and infrastructure enhancements in the area, property values are poised to continue growing, making this an attractive option for investors seeking returns in a dynamic market.
Building has updated electric and lighting in 2024, but is a blank slate for a buyer to make their own.
DWNTWN Realty Advisors has been retained exclusively to arrange the sale of 5621 NW 7th Ave in Liberty City, next to Miami’s most talked about neighborhoods of Wynwood
and Little River.
This 1,700 SF retail/office building on a 7,000 SF lot presents an excellent investment opportunity in a vibrant location on a major thoroughfare. The property could be used for retail, professional offices, flex storage, art galleries and much more under the flexible T6-8-Open liberal commercial zoning.
The property’s strategic position offers high visibility, heavy traffic, and proximity to vibrant local culture, catering to the increasing demand for urban retail and office space. Ongoing urban infill development and infrastructure enhancements in the area, property values are poised to continue growing, making this an attractive option for investors seeking returns in a dynamic market.
Building has updated electric and lighting in 2024, but is a blank slate for a buyer to make their own.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
1,701 SF
Building Class
C
Year Built
1948
Price
$950,000
Price Per SF
$558.50
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
T6-8 - T6-8-O Allows Liberal Commercial Uses and 8-Story Redevelopment By Right
Parking
5 Spaces (2.94 Spaces per 1,000 SF Leased)
Frontage
54’ on Northwest 7th Avenue
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-3113-046-0150 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $220,595 |
PROPERTY TAXES
Parcel Number
01-3113-046-0150
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$220,595
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5621 NW 7th Ave Flex Space | 5621 NW 7th Ave
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