Occupied Mixed-Use
New
For Sale
Contact for pricing
1338 Northwest 119th Street, Miami, FL 33167
Two retail suites and two apartments provide a fully leased mixed-use configuration.
Property SizeContact for details
Lot Size0.15 Acres
Days on Market4
Property Features for 1338 Northwest 119th Street
General Information
Standard status
Active
Lot size
0.15 Acres
Property subtype
Mixed Use
Zoning
MC
Occupancy
100%
Net Operating Income
$66,000
Financials
Cap Rate
7%
Gross Income
$78,000
Building Details
Tenancy
Multi
Listing Agency:
Miami Beach Real Estate Group
Listed By:
alejandro MAYA · License #FL 3046661
Source:
Crexi
Added: Sep 9
Changed: Sep 12
Last Checked: Sep 12 at 2:22PM
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 Miami Beach Real Estate Group
Investment Insights
Based on property information with market context.
The property at 1338 Northwest 119th Street in Miami combines two leased retail spaces with two residential apartments. The commercial portion includes a convenience market and a smoke shop, while the property is fully occupied across its residential and retail components.
The approximately 6,420 SF lot carries UC Center - Mixed Use Corridor (MC) zoning, with a maximum permitted height of six stories. The 50-year recertification has been completed and passed. Roof, plumbing, and electrical work has also been completed with permits, supporting the current physical improvements. The property reflects a 7.0% cap rate and offers an established mixed-use configuration with additional vertical development capacity under the stated zoning parameters.
The approximately 6,420 SF lot carries UC Center - Mixed Use Corridor (MC) zoning, with a maximum permitted height of six stories. The 50-year recertification has been completed and passed. Roof, plumbing, and electrical work has also been completed with permits, supporting the current physical improvements. The property reflects a 7.0% cap rate and offers an established mixed-use configuration with additional vertical development capacity under the stated zoning parameters.
Key Highlights
- Two leased retail spaces plus two residential apartments
- Approximately 6,420 SF lot
- UC Center - Mixed Use Corridor (MC) zoning
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,009
Businesses Nearby
Explore this area
Business Placement
Demographics for 33167, FL
19,142
Population
6,978
Households
2.7
Avg Household Size
40
Median Age
15%
College-Educated
79%
High-School Grad
4.2 sq mi
ZIP Area
4,558
Density / Sq Mi
$59,494
Median Household Income
$31,555
Median Earnings
$1,345
Median Rent
$341,300
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 - Two retail suites and two apartments provide a fully leased mixed-use configuration.
Where is this mixed-use property located?
The property is located at 1338 Northwest 119th Street Miami, FL.
What is the asking price?
The asking price for this property is $940,000.
What are key features of this property?
This property features: Two leased retail spaces plus two residential apartments; Approximately 6,420 SF lot; UC Center - Mixed Use Corridor (MC) zoning
