Retail Storefront with Flexible
For Sale
$1,111,000
18201 NW 7th Avenue # 00, Miami Gardens, FL 33169
For-sale storefront property configured to support retail, office, or medical uses at a compact size.
Property Size2,156 SF
Days on Market116
Property Features for 18201 NW 7th Avenue # 00
General Information
Standard status
Active
Size
2,156 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$8,268
Building Details
Building Size
2,156 SF
Year Built
1971
Listing Agency:
NIV Global Real Estate LLC
Listed By:
Niv Habari · License #3011847
(954) 394-8977
Source:
Relinkre
Added: Jun 16
Changed: Oct 4
Last Checked: Oct 7 at 3:44PM
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 NIV Global Real Estate LLC
Investment Insights
Based on property information with market context.
This for-sale commercial storefront property is sized at 2,156 square feet and is offered at $1,111,000. Based on the property’s recorded classifications, it may be suitable for retail and convenience-oriented operations as well as professional use as office and medical office space. The asset’s compact footprint can work well for users looking for an established, street-level type configuration rather than a larger multi-tenant format.
The property is located at 18201 NW SEVENTH AVE in Miami Gardens, FL. As a storefront property, it is positioned to serve customers and clients arriving by vehicle or on foot, depending on the specific layout and frontage conditions at the site.
Because the available data reflects multiple commercial categories, interested buyers or tenants should evaluate the interior buildout and access points to confirm fit for their intended use, including retail merchandising or a professional service setup for office or medical-related operations. Prospective users should also verify any applicable requirements for their specific business plan during due diligence.
The property is located at 18201 NW SEVENTH AVE in Miami Gardens, FL. As a storefront property, it is positioned to serve customers and clients arriving by vehicle or on foot, depending on the specific layout and frontage conditions at the site.
Because the available data reflects multiple commercial categories, interested buyers or tenants should evaluate the interior buildout and access points to confirm fit for their intended use, including retail merchandising or a professional service setup for office or medical-related operations. Prospective users should also verify any applicable requirements for their specific business plan during due diligence.
Key Highlights
- Year built 1971
- Storefront property configured to support retail, office, or medical uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,707
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,140
$654.1K
Cap Rate 7%
$467,243
$467.2K
Cap Rate 9%
$363,411
$363.4K
Market Conditions
NOI Build-Up for 2,156 SF
Gross rent
$55.6K $25.80/SF
− Vacancy
−$12.0K −$5.57/SF
EGI
$43.6K $20.23/SF
− OpEx
−$10.9K −$5.06/SF
NOI
$32.7K $15.17/SF
Area
Miami Gardens, FL
Vacancy
21.60%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,140
Cap Rate 7%
$467,243
Cap Rate 9%
$363,411
Alternative Uses
Best Use
Office B
$467.2K
$408.8K – $545.1K
NOI $32,707 @ 7.0% cap · market cap 2.94%
Second Best
Healthcare Medical
$448.8K
$392.7K – $523.7K
NOI $31,419 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$641.9K
$561.6K – $748.9K
NOI $44,931 @ 7.0% cap · market cap 4.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,602
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33169, FL
42,308
Population
14,815
Households
2.9
Avg Household Size
37
Median Age
22%
College-Educated
85%
High-School Grad
6.8 sq mi
ZIP Area
6,222
Density / Sq Mi
$59,686
Median Household Income
$34,327
Median Earnings
$1,536
Median Rent
$352,800
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 Office in South region
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Similar Off Market Nearby
- Elore Enterprises Inc — 1053 NW 159th Dr, Miami, FL 33169
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - For-sale storefront property configured to support retail, office, or medical uses at a compact size.
Where is this grocery and convenience store located?
The property is located at 18201 NW 7th Avenue # 00 Miami Gardens, FL.
What is the asking price?
The asking price for this property is $1,111,000.
What are key features of this property?
This property features: Year built 1971; Storefront property configured to support retail, office, or medical uses
