North Miami Retail Space
12208 NW 7th Ave North Miami, FL
12208 NW 7th Ave, North Miami, FL, 00000
Contact for pricing
For Sale
Contact for pricing
Versatile retail space in a high-traffic North Miami neighborhood.
Property Size7,440 SF
Lot Size0.41 Acres
Price / SF$497.31
Days on Market237
Property Features for 12208 NW 7th Ave
General Information
- Standard status
- Active
- Size
- 7,440 SF
- Lot size
- 0.41 Acres
- Property subtype
- RETAIL
Listing Agency
CMV Realty LLC
(954) 394-7078
Listed by
Gus Martinez · License #3033300
(954) 394-7078
Source
Moodyscre
Added: Nov 25, 2025 Updated: Jul 6 at 10:52 am Checked: Jul 19 at 5:20 am
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 CMV Realty LLC
Investment Insights
Based on property information with market context.
This versatile retail space is located in a thriving North Miami neighborhood, benefiting from excellent visibility and high foot traffic. The property features a spacious interior with flexible layout options and a large storefront. Convenient parking is available for customers, with 29 parking spaces provided. Situated in a high-traffic location near major thoroughfares, the property is suitable for a variety of businesses, including restaurants, cafes, retail shops, service businesses, and urgent care clinics. The property offers 7,440 square feet of retail space and affordable lease terms.
Key Highlights
- High‑traffic location in a thriving North Miami neighborhood with excellent visibility.
- Spacious interior with flexible layout options suitable for various businesses.
- Convenient parking with 29 spaces for customers.
Local Financial Insights For Specialty Retail
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 | $205.3k | $27.60 |
| − Vacancy | −$14.4k | −$1.93 |
| EGI | $191.0k | $25.67 |
| − OpEx | −$47.7k | −$6.42 |
| NOI | $143.2k | $19.25 |
7,440 SF · lease $27.60/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.05M
$1.79M – $2.39M
NOI $143,227 @ 7.0% cap · market cap 3.87%
Second Best
Retail
$1.80M
$1.57M – $2.10M
NOI $125,804 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$3.77M
$3.30M – $4.40M
NOI $264,224 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Versatile retail space in a high-traffic North Miami neighborhood.
Where is this retail space located?
The property is located at 12208 NW 7th Ave North Miami, FL.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: High‑traffic location in a thriving North Miami neighborhood with excellent visibility.; Spacious interior with flexible layout options suitable for various businesses.; Convenient parking with 29 spaces for customers.
