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NNN Retail Storefront Property

3100 NW 7th St, Miami, FL 33125

For Sale
Contact for pricing

Ground-floor commercial space with rear parking, transit frontage, and flexible T6-8-0 zoning.

Property Size2,997 SF
Price / SF$0.01
Days on Market190

Property Features for 3100 NW 7th St

General Information

Standard status Active
Size 2,997 SF
Total Parking Spaces 5
Property subtype Retail
Zoning T6-8-0

Site & Location

Neighborhood West Little Havana
Traffic Count 28,500 vehicles/day

Additional Details

Floor Ground

Building Details

Building Size 2,997 SF
Year Built 1962
Listing Agency: BHHS EWM Realty
Listed By: Carlos Olivares · License FL #3051724
Source: Allyandaj
Added: May 7 Changed: Nov 5 Last Checked: Nov 10 at 2:08PM

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 BHHS EWM Realty

Rey
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Investment Insights

Based on property information with market context.

This 2,997 SF ground-floor storefront is currently configured as a furniture store and showroom. The property was built in 1962 and includes 5 parking spaces at the rear. T6-8-0 zoning supports a range of commercial uses, while the NNN structure adds a defined lease framework.

Located on NW 7th St, the property fronts Metrobus Route 7/7A and the City of Miami’s free Little Havana and Flagami Trolley lines. The corridor records daily car traffic of 28,500 and has a Walk Score of 89. Target, Walgreens, Ross, and Fresco y Mas are at Terra’s CentroCity, with Downtown, the Health District, loanDepot Park, and MIA airport within minutes. More than 53,500 residents are located within ZIP 33125.

Key Highlights

  • 2,997 SF ground‑floor storefront on NW 7th St
  • T6‑8‑0 zoning supports various commercial uses
  • 5 rear parking spaces included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$97,779
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,955,580 $2.0M
Cap Rate 7%
$1,396,843 $1.4M
Cap Rate 9%
$1,086,433 $1.1M
Market Conditions
NOI Build-Up for 2,997 SF
Gross rent
$155.7K $51.96/SF
− Vacancy
−$16.0K −$5.35/SF
EGI
$139.7K $46.61/SF
− OpEx
−$41.9K −$13.98/SF
NOI
$97.8K $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%
$1,955,580
Cap Rate 7%
$1,396,843
Cap Rate 9%
$1,086,433

Alternative Uses

Best Use
Retail
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,779 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.02M
$1.77M – $2.36M (±1% cap)
NOI $141,610 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mattress Only Inc Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Acupuncture Daycare Center Bar & Pub Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28,500 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

2,517
Businesses Nearby

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
View Realmo Analytics

Market

Average Price Trend$/SF for NNN properties in Miami, FL

$669 Jul
$650 Aug
$1,193 Sep
$1,571 Oct

Properties on Market for NNN properties in Miami

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025

Frequently Asked Questions

What type of property is this?
NNN property - Ground-floor commercial space with rear parking, transit frontage, and flexible T6-8-0 zoning.
Where is this nnn property located?
The property is located at 3100 NW 7th St Miami, FL.
What are key features of this property?
This property features: 2,997 SF ground‑floor storefront on NW 7th St; T6‑8‑0 zoning supports various commercial uses; 5 rear parking spaces included
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Includes: Price & PSF · Cap rate · Location · Zoning

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