Highly Visible Retail
For Sale
Contact for pricing
3241 NW 7th Street #3251, Miami, FL 33125
Retail space on NW 7th Street in a busy commercial corridor, suited for retail, office, or service users.
Property Size6,469 SF
Price / SF$0.43
Days on Market117
Property Features for 3241 NW 7th Street #3251
General Information
Standard status
Active
Size
6,469 SF
Property subtype
Retail
Building Details
Year Built
1955
Listing Agency:
Fausto Commercial Realty Consultants Inc
(786) 748-7373
Listed By:
Giovanni Marcelo Bertolotti · License #3257942
(786) 229-2419
Source:
Lehmannflorida
Added: Jun 26
Changed: Oct 19
Last Checked: Oct 19 at 9:08AM
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 Fausto Commercial Realty Consultants Inc
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Investment Insights
Based on property information with market context.
This well-proportioned retail suite is offered for sale at 3241 NW 7th Street Unit 3251 in Miami, FL. The space is described as highly visible and designed to accommodate retail, office, or service-based businesses. At approximately 6,469 square feet, it offers ample signage opportunities and convenient parking for customers and staff.
The property is positioned on NW 7th Street within a high-traffic area surrounded by both residential and commercial developments. The surrounding retail activity is intended to support consistent visibility and customer access along this vibrant corridor.
The property is positioned on NW 7th Street within a high-traffic area surrounded by both residential and commercial developments. The surrounding retail activity is intended to support consistent visibility and customer access along this vibrant corridor.
Key Highlights
- Retail space on NW 7th Street in a busy commercial corridor in Miami.
- Suitable for retail, office, or service‑based businesses.
- Located on NW 7th Street for high traffic exposure and convenient accessibility.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$211,056
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,221,120
$4.2M
Cap Rate 7%
$3,015,086
$3.0M
Cap Rate 9%
$2,345,067
$2.3M
Market Conditions
NOI Build-Up for 6,469 SF
Gross rent
$336.1K $51.96/SF
− Vacancy
−$34.6K −$5.35/SF
EGI
$301.5K $46.61/SF
− OpEx
−$90.5K −$13.98/SF
NOI
$211.1K $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%
$4,221,120
Cap Rate 7%
$3,015,086
Cap Rate 9%
$2,345,067
Alternative Uses
Best Use
Retail
$3.02M
$2.64M – $3.52M
NOI $211,056 @ 7.0% cap · market cap 7,537.71%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.37M
$3.82M – $5.09M
NOI $305,663 @ 7.0% cap · market cap 10,916.54%
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
1,924
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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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 on NW 7th Street in a busy commercial corridor, suited for retail, office, or service users.
Where is this retail space located?
The property is located at 3241 NW 7th Street #3251 Miami, FL.
What are key features of this property?
This property features: Retail space on NW 7th Street in a busy commercial corridor in Miami.; Suitable for retail, office, or service‑based businesses.; Located on NW 7th Street for high traffic exposure and convenient accessibility.
