7228 Biscayne Blvd Miami, FL 33138

This exceptional Miami retail property, located at 7228 Biscayne Boulevard in the vibrant MiMo District (zip code 33138), presents a compelling investment opportunity. The building, constructed in 1941 and boasting a total of 3,519 square feet across two stories, sits on a 7,500 square foot lot. Currently operating at 100% occupancy with a single tenant under a 5-year lease commencing January 31, 2024, and expiring January 30, 2029, the property offers immediate cash flow. The ground floor houses a fully equipped restaurant featuring a furnished outdoor patio, while the second floor provides office space currently used by the restaurant. A significant advantage is the inclusion of a diesel generator, capable of powering the entire building, providing resilience against power outages. The property underwent a 40-year recertification in 2021, ensuring its structural integrity. Further enhancing its value are recent updates to the air conditioning units, electrical system, plumbing, and roof. The building features impact-resistant exterior windows and doors. The asking price is $3,750,000, representing a 7.00% capitalization rate. The property is zoned T5-0. This is a rare opportunity to acquire a well-maintained, high-performing retail property in a prime Miami location.