Freestanding Corner Retail
7521 Biscayne Blvd Miami, FL 33138
For Sale
$1,695,000
Pending
Move-in-ready freestanding corner retail building with a large mezzanine and terrace plus private rear parking.
Property Size1,943 SF
Days on Market2820
Property Features for 7521 Biscayne Blvd
General Information
- Standard status
- Pending
- Size
- 1,943 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1948
Listing Agency:
Chariff Realty Group
(305) 608-5300
Listed By:
Mauricio Zapata · License #BK3035127
(305) 608-5300
Source:
Xome
Added: Nov 6, 2018
Changed: Jul 25
Last Checked: Jul 25 at 10:54AM
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 Chariff Realty Group
Investment Insights
Based on property information with market context.
7521 Biscayne Boulevard is a freestanding corner building that is fully built out and move-in ready. The interior features a large mezzanine that leads out to a sizable terrace, along with custom wood cabinetry, high ceilings, and abundant natural light. Notable character appears throughout both the interior and exterior.
The property is positioned on Biscayne Blvd in the MiMo Historic District, with private on-site parking located in the rear. It offers maximum exposure along Biscayne Boulevard, supporting a retail user looking to be among active nearby restaurants, boutiques, and retail concepts.
As configured, the mezzanine-to-terrace layout provides a distinctive second-level experience while maintaining a storefront-ready ground floor for retail operations.
The property is positioned on Biscayne Blvd in the MiMo Historic District, with private on-site parking located in the rear. It offers maximum exposure along Biscayne Boulevard, supporting a retail user looking to be among active nearby restaurants, boutiques, and retail concepts.
As configured, the mezzanine-to-terrace layout provides a distinctive second-level experience while maintaining a storefront-ready ground floor for retail operations.
Key Highlights
- Move‑in‑ready freestanding corner retail building in the MiMo Historic District
- Maximum exposure on Biscayne Blvd with private on‑site parking in the rear
- Large mezzanine with access to a sizable terrace
Financial Insights For 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 | $101.0k | $51.96 |
| − Vacancy | −$10.4k | −$5.35 |
| EGI | $90.6k | $46.61 |
| − OpEx | −$27.2k | −$13.98 |
| NOI | $63.4k | $32.63 |
1,943 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$905.6K
$792.4K – $1.06M
NOI $63,392 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.31M
$1.15M – $1.53M
NOI $91,808 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sanchez Coleman Studio
Interior Design
Similar Off Market Nearby
- Floratorium — 7808 NE 2nd Ave, Miami, FL 33138
- Warehouse 12 Events — 7622 NE 4th Ct, Miami, FL 33138
- Rose Coloured — 7338 NW Miami Ct, Miami, FL 33150
- Zoom Bloomz — 7580 NE 4th Ct Suite 109, Miami, FL 33138
- roots & roots — 7050 NE 3rd Ave, Miami, FL 33138, United States
FAQs
What type of property is this?
Storefront property - Move-in-ready freestanding corner retail building with a large mezzanine and terrace plus private rear parking.
Where is this storefront property located?
The property is located at 7521 Biscayne Blvd Miami, FL.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Move‑in‑ready freestanding corner retail building in the MiMo Historic District; Maximum exposure on Biscayne Blvd with private on‑site parking in the rear; Large mezzanine with access to a sizable terrace
