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    10190 NW 7Th Ave Miami, FL 33150

    View on Map
    Sponsored
    For Lease
    $17 SF/Yr

    Commercial, Detached - Miami, FL

    Days on Market:
    15
    Last Refresh:
    Mar 11 at 2:06 am

    Property Features for 10190 NW 7Th Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    6062
    APN
    30-31-02-012-0630
    Parking
    23

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1954
    Building materials
    Block
    Architectural style
    Other

    We can help!

    Listing Contact
    Derek Varona
    Derek Varona

    Sea Grove Realty (786) 256-2233

    Listing agent Derek Varona (305) 402-4261 License #3245277

    Listing date Feb 24, 2026

    MLS# A11942465 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Versatile Standalone Building in Miami

    This standalone building in North Miami, situated just west of Miami Shores and Barry University, is currently designed for specialized medical use but is suitable for a variety of healthcare and commercial zoning uses. These include medical or healthcare services, clinical or laboratory operations, ambulatory care, blood bank or specialty medical facilities, as well as educational, adult day care, showroom, or professional office users. The space has been excellently maintained and features four exam rooms/offices, an additional four private offices, and a large flex room that can function as an oversized office or be configured into multiple private workstations. The layout also includes two large open areas, a dedicated laboratory, three bathrooms, a large break room, a street-level loading dock, and a secured storage room suitable for sensitive or regulated materials. The property is in excellent condition, with updated plumbing and a 2021 roof. Ample parking is available with at least 23 spaces, plus the option for additional parking in the adjacent lot. Ideally positioned along high-traffic NW 7th Avenue and I-95 / 103rd Street exit, it provides convenient access throughout Miami-Dade and Broward counties and is surrounded by many active commercial and retail centers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Interstate Blood Bank Blood Bank

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Miami Shores Animal Clinic

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.210383
    Latitude
    25.868474

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    FAQs

    What type of property is this?
    Medical Office Space - Adaptable medical/office/retail/flex space near Miami Shores and Barry University.
    Where is this medical office space located?
    The property is located at 10190 NW 7Th Ave Miami, FL.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Versatile standalone building suitable for medical, office, retail, or flex space.; - Prime location on high-traffic NW 7th Avenue near I-95/103rd Street exit, providing excellent accessibility.; - Ample parking with at least 23 spaces, plus potential for additional parking.
    (305) 726-5818
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    10190 NW 7Th Ave Miami, FL 33150
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    Miami, FL 33150
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10190 NW 7Th Ave Miami, FL 33150
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    We can help!
    Listing Contact
    Derek Varona
    Derek Varona
    Real Estate License ID: 3245277
    (305) 726-5818 (305) 402-4261 (786) 256-2233
    Learn more
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