Corner Mixed-Use
For Sale
$3,800,000
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$696.23
Days on Market204
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
Site & Location
Neighborhood
Liberty City
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
(786) 380-5318
Source:
Relinkre
Added: Apr 10
Changed: Oct 25
Last Checked: Oct 28 at 4:28PM
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.
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$178,071
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,561,420
$3.6M
Cap Rate 7%
$2,543,871
$2.5M
Cap Rate 9%
$1,978,567
$2.0M
Market Conditions
NOI Build-Up for 5,458 SF
Gross rent
$283.6K $51.96/SF
− Vacancy
−$29.2K −$5.35/SF
EGI
$254.4K $46.61/SF
− OpEx
−$76.3K −$13.98/SF
NOI
$178.1K $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%
$3,561,420
Cap Rate 7%
$2,543,871
Cap Rate 9%
$1,978,567
Alternative Uses
Best Use
Retail
$2.54M
$2.23M – $2.97M
NOI $178,071 @ 7.0% cap · market cap 4.69%
Second Best
Mixed Use
$1.84M
$1.61M – $2.15M
NOI $128,945 @ 7.0% cap · market cap 3.39%
Theoretical Best
Specialty Retail
$3.68M
$3.22M – $4.30M
NOI $257,893 @ 7.0% cap · market cap 6.79%
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
1,532
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Miami, FL
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 $3,800,000.
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
