Retail Suite with High
3930 NW 7th St Suite 1, Miami, FL 33126
For Sale
Contact for pricing
Located in a new mixed-use development, the space can be configured for smaller retail suites.
Property Size199,410 SF
Price / SF$0.00
Days on Market70
Property Features for 3930 NW 7th St Suite 1
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Building Details
Building Size
Tenancy
Listing Agency:
Sea Grove Realty
Listed By:
Maurice Milton · License FL #3615378
(305) 812-4260
Source:
Propertysmartre
Added: Sep 2
Changed: Nov 5
Last Checked: Nov 10 at 9:59AM
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 Sea Grove Realty
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Investment Insights
Based on property information with market context.
This retail space is part of a new mixed-use development in Miami. The current suite measures 1,500 square feet and may be divided into units of 620 or 876 square feet. High ceilings and dedicated parking are included, with 2–3 spaces per unit.
The property is near Magic City Casino and Coral Gables, with access to expressways 836 and 826. The airport, Brickell, and Downtown Miami are also identified as accessible business destinations.
The property is near Magic City Casino and Coral Gables, with access to expressways 836 and 826. The airport, Brickell, and Downtown Miami are also identified as accessible business destinations.
Key Highlights
- 1,500‑square‑foot retail suite with options for 620- or 876‑square‑foot units
- High ceilings
- 2‑3 dedicated parking spaces per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,711,061
Suggested Prices Based on Cap Rates
Cap Rate 5%
$94,221,220
$94.2M
Cap Rate 7%
$67,300,871
$67.3M
Cap Rate 9%
$52,345,122
$52.3M
Market Conditions
NOI Build-Up for 199,410 SF
Gross rent
$8.38M $42.00/SF
− Vacancy
−$837.5K −$4.20/SF
EGI
$7.54M $37.80/SF
− OpEx
−$2.83M −$14.18/SF
NOI
$4.71M $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%
$94,221,220
Cap Rate 7%
$67,300,871
Cap Rate 9%
$52,345,122
Alternative Uses
Best Use
Retail
$92.94M
$81.32M – $108.43M
NOI $6,505,888 @ 7.0% cap
Second Best
Mixed Use
$67.30M
$58.89M – $78.52M
NOI $4,711,061 @ 7.0% cap
Theoretical Best
Specialty Retail
$134.60M
$117.78M – $157.04M
NOI $9,422,212 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,502
Businesses Nearby
Explore this area
Business Placement
Demographics for 33126, FL
48,751
Population
19,725
Households
2.5
Avg Household Size
44
Median Age
28%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
9,028
Density / Sq Mi
$55,722
Median Household Income
$32,607
Median Earnings
$1,651
Median Rent
$299,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Miami, FL
Properties on Market for Retail space in Miami
Vacancy Rate% for Retail in Miami, FL
Frequently Asked Questions
What type of property is this?
Retail space - Located in a new mixed-use development, the space can be configured for smaller retail suites.
Where is this retail space located?
The property is located at 3930 NW 7th St Suite 1 Miami, FL.
What are key features of this property?
This property features: 1,500‑square‑foot retail suite with options for 620- or 876‑square‑foot units; High ceilings; 2‑3 dedicated parking spaces per unit
