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    2238 NW 7Th St Miami, FL 33125

    For Sale
    $1,200,000

    Income-generating mixed-use property with redevelopment potential in high-demand location.

    Lot size:
    0.15 Acres

    Property Features for 2238 NW 7Th St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1926

    Source: A Plus Realty Group, Corp Agent Wilmer Garcia

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Property For Sale

    This income-generating mixed-use investment comprises two contiguous parcels in Zone T6-8-0, to be conveyed as a single package. One parcel features a fully leased office building generating $8,240 per month, along with a one-bedroom apartment renting for $2,000 per month and a studio apartment renting for $1,100 per month. The other parcel includes a three-bedroom, one-bath house renting for $2,500 per month, a studio apartment renting for $1,250 per month, and two one-bedroom apartments, each renting for $2,000 per month. The combined monthly income totals $19,090. The T6-8-0 zoning permits mixed-use development, offering future redevelopment potential. The property's location near retail, transit, and major thoroughfares supports immediate cash flow and long-term appreciation.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ceramica Y Pintura ... Construction Company

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.232
    Latitude
    25.779399

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    FAQs

    What type of property is this?
    Mixed-use property - Income-generating mixed-use property with redevelopment potential in high-demand location.
    Where is this mixed-use property located?
    The property is located at 2238 NW 7Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Substantial income-generating property with $19,090 combined monthly income.; - Mixed-use investment opportunity with two contiguous parcels.; - Zoning T6-8-0 permits mixed-use development and future redevelopment.
    (786) 344-2269
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    2238 NW 7Th St Miami, FL 33125
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    Miami, FL 33125
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    Realmo Value Estimation

    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.

    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.

    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
    2238 NW 7Th St Miami, FL 33125
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