USAFLMiami4685 Nw 7Th St
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$4,900,000

For Sale

3 hours ago

4685 Nw 7th St, Miami, FL

MLS® A11988163

0 Bed

0 Bath

--

24 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1972
MLS® Number A11988163

Property Address: 4685 Nw 7th St, Miami, FL, 33126

Average square foot calculated using Size range provided by listing agent.

Description

Fully leased neighborhood retail strip center offering stable in-place income (100% occupied) with strong tenancy mix and immediate cash flow. Positioned on a prominent corner lot along NW 7th Street, the property benefits from high visibility and consistent consumer traffic within one of Miami’s primary service corridors. The asset is strategically located along a major east-west arterial roadway with approximately 44, 744 vehicles per day (VPD), providing excellent exposure and accessibility. The corridor serves as a key commercial and transit link, located approximately 0.5 miles from SR 836 (Dolphin Expwy) and 2 miles from SR 826 (Palmetto Expwy). Zoned T6-8-O, the property allows for high-density mixed-use development and qualifies under the Live Local Act for affordable and workforce housing. While currently positioned as an income-producing investment, the asset offers long-term redevelopment potential. Pro forma stabilization supports an estimated cap rate of approximately 5.6%, with significant upside through rent growth toward market levels. An Offering Memorandum is available that outlines a conceptual affordable/senior housing development scenario, including the financing structure and capital stack. This is not an approved project but illustrates future potential. The submarket is currently favoring stabilized retail assets, with limited new retail development, positioning this opportunity as a covered land play with strong current income and future upside.
MLS® NumberA11988163
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1972
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building & Land, Leases

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$4,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
4685 Nw 7th St, Miami, FL

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