Concrete Block Warehouse
11628 NW 7th Avenue, Miami, FL 33168
Versatile concrete block warehouse with ample parking and two full bathrooms, offered for sale as-is.
Type:Land or Vacant Lot
Property size:
1,847 SFLot size:
0.11 AcresPrice / SF:
$284/SF- Added:
- Jun 9, 2026
- Days on Market:
- 30
- Last Refresh:
- Jul 5 at 3:35 am
Property Features for 11628 NW 7th Avenue
General Information
- Standard status
- Active
- Size
- 1,847 SF
- Lot size
- 0.11 Acres
- Property subtype
- Land or Vacant Lot
Listing office GATEWAY ESTATES, LLC.
Listing date Jun 9, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of GATEWAY ESTATES, LLC.
HighLights
- Concrete block commercial building built in 1950 with 1,847 SF of interior space
- 2 full bathrooms and versatile layout suitable for business use or investment
- Ample parking on a 0.1073‑acre lot
- Sold AS‑IS
Overview
This property at 11628 NW 7th Avenue is a versatile warehouse built in 1950, constructed of concrete block. The interior provides 1,847 square feet of space and includes two full bathrooms. The offering includes an outdoor area on a 0.1073-acre lot, with ample parking to support day-to-day business access and operations. The property is being sold AS-IS, so buyers should evaluate condition and suitability during due diligence.
Located in Miami, FL 33168, the site is positioned for straightforward commercial use. The available information highlights practical on-site parking and a compact lot size that can be workable for a range of warehouse or light commercial needs, depending on the intended operating model.
For tenants or owner-operators, this warehouse layout and bathroom count can support a variety of small business and storage-oriented uses. Buyers should consider the concrete block construction, the provided interior size, and the on-site parking when assessing fit for their workflow. As the property is sold AS-IS, careful inspection is recommended to confirm systems, finishes, and overall condition prior to closing.
Located in Miami, FL 33168, the site is positioned for straightforward commercial use. The available information highlights practical on-site parking and a compact lot size that can be workable for a range of warehouse or light commercial needs, depending on the intended operating model.
For tenants or owner-operators, this warehouse layout and bathroom count can support a variety of small business and storage-oriented uses. Buyers should consider the concrete block construction, the provided interior size, and the on-site parking when assessing fit for their workflow. As the property is sold AS-IS, careful inspection is recommended to confirm systems, finishes, and overall condition prior to closing.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.2k | $20.16 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $35.4k | $19.19 |
| − OpEx | −$5.3k | −$2.88 |
| NOI | $30.1k | $16.31 |
1,847 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$430.4K
$376.6K – $502.2K
NOI $30,131 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.25M
$1.09M – $1.45M
NOI $87,272 @ 7.0% cap · market cap 16.63%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Eliette Grocery Food&Drinks
Grocery & Convenience Store
Similar Places Nearby
- Safeguard Self Storage — 11455 NW 7th Ave, Miami, FL 33168, United States
- Public Storage — 10855 NW 7th Ave, Miami, FL 33168, United States
- Smooth Move Express — 555 NW 115th St at, Miami, FL 33168
- Bounce Luggage Storage - NW 7th Ave — 10435 NW 7th Ave, Miami, FL 33150
- Melrose Self Storage Unit — 10900 NW 109th St, Miami, FL 33168
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1844
- Latitude
- 25.882423
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Versatile concrete block warehouse with ample parking and two full bathrooms, offered for sale as-is.
Where is this warehouse located?
The property is located at 11628 NW 7th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Concrete block commercial building built in 1950 with 1,847 SF of interior space; 2 full bathrooms and versatile layout suitable for business use or investment; Ample parking on a 0.1073‑acre lot
