Miami Assemblage
For Sale
Contact for pricing
Pending
1901 NW 7th St, Miami, FL 33125
Four contiguous parcels near Miami River with redevelopment potential.
Property Size7,194 SF
Days on Market408
Property Features for 1901 NW 7th St
General Information
Standard status
Pending
Size
7,194 SF
Property subtype
Mixed Use, Office
Zoning
6100
Building Details
Year Built
1968
Listing Agency:
Dalton Wade Inc
Listed By:
Julie Brito · License #3117326
(754) 715-0727
Source:
Crexi
Added: Aug 27, 2025
Changed: Oct 8
Last Checked: Oct 7 at 12:08PM
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 Dalton Wade Inc
Investment Insights
Based on property information with market context.
This assemblage opportunity is located in Miami’s urban core and includes four contiguous parcels: 710 NW 19th Ave, 720 NW 19th Ave, 1901 NW 7th St, and 711 NW 19th Ct. The properties are situated just west of the Miami River, near Marlins Park and the Civic Center District. The assemblage comprises two commercial buildings, one full residential lot, and one half residential lot permitted for commercial parking. A long-standing tenant, a church, occupies 710 NW 19th Ave on a month-to-month basis at $4,600 per month. The assemblage benefits from a 40-year inspection completed in 2022 and a new roof installed in 2021. City-approved development plans for a mixed-use project of up to 80 units with ground-floor retail are available for review. This presents an excellent opportunity for redevelopment or income generation with the existing tenant in place.
Key Highlights
- Assemblage of four contiguous parcels in Miami's urban core.
- City‑approved development plans for a mixed‑use project of up to 80 units with ground‑floor retail.
- Located near Marlins Park and the Civic Center District.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,958
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,399,160
$3.4M
Cap Rate 7%
$2,427,971
$2.4M
Cap Rate 9%
$1,888,422
$1.9M
Market Conditions
NOI Build-Up for 7,194 SF
Gross rent
$302.1K $42.00/SF
− Vacancy
−$30.2K −$4.20/SF
EGI
$271.9K $37.80/SF
− OpEx
−$102.0K −$14.18/SF
NOI
$170.0K $23.63/SF
Area
Miami, FL
Vacancy
10.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,399,160
Cap Rate 7%
$2,427,971
Cap Rate 9%
$1,888,422
Alternative Uses
Best Use
Mixed Use
$2.43M
$2.12M – $2.83M
NOI $169,958 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.86M
$4.25M – $5.67M
NOI $339,920 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,090
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four contiguous parcels near Miami River with redevelopment potential.
Where is this mixed-use property located?
The property is located at 1901 NW 7th St Miami, FL.
What is the asking price?
The asking price for this property is $3,975,000.
What are key features of this property?
This property features: Assemblage of four contiguous parcels in Miami's urban core.; City‑approved development plans for a mixed‑use project of up to 80 units with ground‑floor retail.; Located near Marlins Park and the Civic Center District.
