Mixed-Use Building with
For Sale
$1,550,000
Pending
7116 Bay Dr, Miami Beach, FL 33141
Combined commercial and residential property with established occupancy and multiple on-site parking spaces.
Property SizeContact for details
Days on Market3796
Property Features for 7116 Bay Dr
General Information
Standard status
Pending
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$13,650
Amenities
3
10 Parking Spaces.
Building Details
Year Built
1940
Buildings
1
Tenancy
Multi
Listing Agency:
MAR NON MLS MEMBER
(305) 505-2610
Listed By:
Martha Babot
(305) 505-2610
Source:
Xome
Added: Apr 10, 2016
Changed: Aug 29
Last Checked: Aug 29 at 5:59PM
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 MAR NON MLS MEMBER
Investment Insights
Based on property information with market context.
Built in 1940, this mixed-use property combines commercial space with residential units at 7116 Bay Dr in Miami Beach. The commercial component includes space occupied by a barber shop, clothing retailer, and beauty salon, while the residential units are occupied by long-term tenants on month-to-month leases.
The property includes 10 parking spaces and is situated in Normandy Island. Surrounding businesses and services identified for the area include restaurants, gas stations, supermarkets, medical offices, dental offices, and attorneys’ offices.
The property includes 10 parking spaces and is situated in Normandy Island. Surrounding businesses and services identified for the area include restaurants, gas stations, supermarkets, medical offices, dental offices, and attorneys’ offices.
Key Highlights
- Mixed‑use commercial and residential building at 7116 Bay Dr, Miami Beach, FL 33141
- Built in 1940
- Commercial spaces include a barber shop, clothing retailer, and beauty salon
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,355
Businesses Nearby
Explore this area
Business Placement
Demographics for 33141, FL
35,995
Population
21,793
Households
1.7
Avg Household Size
44
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
15,650
Density / Sq Mi
$64,457
Median Household Income
$36,899
Median Earnings
$1,739
Median Rent
$434,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Combined commercial and residential property with established occupancy and multiple on-site parking spaces.
Where is this mixed-use property located?
The property is located at 7116 Bay Dr Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Mixed‑use commercial and residential building at 7116 Bay Dr, Miami Beach, FL 33141; Built in 1940; Commercial spaces include a barber shop, clothing retailer, and beauty salon
