Retail Space, Units 5 and
For Sale
Contact for pricing
1710 NW 7th St # 5, Miami, FL 33125
Retail space includes Units 5 and 6 in a highly walkable Miami setting.
Property Size11,500 SF
Price / SF$0.14
Days on Market69
Property Features for 1710 NW 7th St # 5
General Information
Standard status
Active
Size
11,500 SF
Property subtype
Retail
Site & Location
Neighborhood
South Sewell Park
Building Details
Building Size
11,500 SF
Year Built
1972
Listing Agency:
EFA Realty
Listed By:
Nicole Faur · License #3411982
(305) 318-5021
Source:
Batrare
Added: Aug 18
Changed: Oct 17
Last Checked: Oct 24 at 10:07PM
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 EFA Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail offering comprises Units 5 and 6 at 1710 NW 7th St in Miami. The property dates to 1972 and is positioned within an urban setting that supports pedestrian access.
Walk Score is 94, indicating a Walker’s Paradise. The site also has a Bike Score of 57 and a Transit Score of 50, providing documented bicycle and public transportation access. The property is offered for sale.
Walk Score is 94, indicating a Walker’s Paradise. The site also has a Bike Score of 57 and a Transit Score of 50, providing documented bicycle and public transportation access. The property is offered for sale.
Key Highlights
- Units 5 and 6 included
- Walk Score of 94
- Bike Score of 57
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$375,195
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,503,900
$7.5M
Cap Rate 7%
$5,359,929
$5.4M
Cap Rate 9%
$4,168,833
$4.2M
Market Conditions
NOI Build-Up for 11,500 SF
Gross rent
$597.5K $51.96/SF
− Vacancy
−$61.5K −$5.35/SF
EGI
$536.0K $46.61/SF
− OpEx
−$160.8K −$13.98/SF
NOI
$375.2K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,503,900
Cap Rate 7%
$5,359,929
Cap Rate 9%
$4,168,833
Alternative Uses
Best Use
Retail
$5.36M
$4.69M – $6.25M
NOI $375,195 @ 7.0% cap · market cap 23,449.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.76M
$6.79M – $9.06M
NOI $543,380 @ 7.0% cap · market cap 33,961.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,656
Businesses Nearby
Explore this area
Business Placement
Demographics for 33125, FL
53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Miami, FL
Frequently Asked Questions
What type of property is this?
Retail space - Retail space includes Units 5 and 6 in a highly walkable Miami setting.
Where is this retail space located?
The property is located at 1710 NW 7th St # 5 Miami, FL.
What are key features of this property?
This property features: Units 5 and 6 included; Walk Score of 94; Bike Score of 57
