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Corner Mixed-Use Property
For Sale
$4,000,000

3300 NW South River Dr, Miami, FL 33142

Corner configuration combines front retail space with rear automotive sales use.

Property Size5,458 SF
Lot Size0.24 Acres
Price / SF$732.87
Days on Market114

Property Features for 3300 NW South River Dr

General Information

Standard status Active
Size 5,458 SF
Lot size 0.24 Acres
Property subtype Mixed Use

Additional Details

Corner Location Yes

Building Details

Building Size 5,458 SF
Year Built 1953
Buildings 1
Listing Agency: Fortune Christie's Intl R.E.
Listed By: Monica Hurtado · License #3298858
Source: Vanessafrankmiami
Added: Apr 10 Changed: Jul 31 Last Checked: Jul 31 at 3:12PM

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 Fortune Christie's Intl R.E.

Investment Insights

Based on property information with market context.

This mixed-use property includes an existing 5,458 SF dual-income building on approximately 10,266 SF of land. The building is configured with a front-facing cafeteria and retail component, along with a rear automotive sales use. Its corner position provides dual frontage and circulation for the existing configuration.

Located at 3300 NW South River Dr in Miami, the property offers access to major transportation routes, airport logistics, and Miami River commercial activity. The existing layout supports a combination of retail and automotive operations within one commercial asset.

Key Highlights

  • Existing 5,458 SF dual‑income building
  • Approximately 10,266 SF of land
  • Front‑facing cafeteria and retail component

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $283.6k $51.96
− Vacancy −$29.2k −$5.35
EGI $254.4k $46.61
− OpEx −$76.3k −$13.98
NOI $178.1k $32.63
5,458 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.54M
$2.23M – $2.97M (±1% cap)
NOI $178,071 @ 7.0% cap · market cap 4.45%
Second Best
Mixed Use
$1.84M
$1.61M – $2.15M (±1% cap)
NOI $128,945 @ 7.0% cap · market cap 3.22%
Theoretical Best
Specialty Retail
$3.68M
$3.22M – $4.30M (±1% cap)
NOI $257,893 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Pharmacy Hair Salon

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

Location Intelligence

Trade Area within ½ mile

1,532
Businesses Nearby

Demographics for 33142, FL

55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value

Market

Properties on Market for Mixed-use properties in Miami

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in Miami, FL

4.1% 2019
4.6% 2020
2.2% 2021
1.6% 2022
2.4% 2023
5.7% 2024
6.5% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner configuration combines front retail space with rear automotive sales use.
Where is this mixed-use property located?
The property is located at 3300 NW South River Dr Miami, FL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Existing 5,458 SF dual‑income building; Approximately 10,266 SF of land; Front‑facing cafeteria and retail component
More about this property
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