MiMo Mixed-Use Hard Corner Property 6928 Biscayne Blvd 4,580 SF Retail Building Miami, FL 33138 $2,950,000 ($644.10/SF)

INVESTMENT HIGHLIGHTS

  • Mixed Use Corner Property For Sale
  • Delivered In Class A Condition
  • Excellent Visibility On Biscayne Boulevard
  • 7 Residential Units Upstairs

EXECUTIVE SUMMARY

DWNTWN Realty Advisors has been exclusively retained to arrange the sale of 6928 Biscayne Blvd, Miami FL. This investment
represents an exclusive opportunity to purchase a 4,580 SF, two-story mixed-use building on a hard corner with parking. The
subject property has just undergone full renovations and is being delivered in class A condition. On the ground level, you have 2,450
SF of move-in ready office or retail space. Upstairs, you have 7 apartments, which can be used for short termrentals (Airbnb). The
property is strategically located in the MiMo district, a main corridor on US-1 that connects city nodes within the urban core of
Miami. This asset represents one of the better-quality buildings in the MiMo submarket. The MiMo submarket today enjoys a
vibrant collection of service, retail, and food and beverage tenants with low vacancy and good value lease rates far below
comparable submarkets within Miami’s urban core.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,580 SF
Building Class
C
Year Built
1940
Price
$2,950,000
Price Per SF
$644.10
Tenancy
Single
Building Height
2 Stories
Building FAR
0.70
Lot Size
0.15 AC
Zoning
T5-O - Urban Center Zone
Parking
3 Spaces (0.66 Spaces per 1,000 SF Leased)
Frontage
64’ on Biscayne Blvd

AMENITIES

  • Signage
  • Air Conditioning
Walk Score®
Walker's Paradise (90)

NEARBY MAJOR RETAILERS

Chase Bank
Rent-A-Center
YouFit Gyms
Sabor Tropical Supermarket
Starbucks
CrossFit
Presidente Supermarket

PROPERTY TAXES

  • Listing ID: 28411466

  • Date on Market: 5/5/2023

  • Last Updated:

  • Address: 6928 Biscayne Blvd, Miami, FL 33138