High-Visibility Retail Space
For Sale
Contact for pricing
6211 NW 7th Ave 669-75, Miami, FL 33150
Retail space in high-traffic area, ready for your business.
Property Size10,398 SF
Lot Size0.27 Acres
Price / SF$2.62
Days on Market227
Property Features for 6211 NW 7th Ave 669-75
General Information
Standard status
Active
Size
10,398 SF
Lot size
0.27 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$21,045
Building Details
Building Size
10,398 SF
Year Built
1930
Listed By:
Mauricio Fernandez Piqueras
(305) 927-8103
Source:
Elliman
Added: Mar 10
Changed: Oct 10
Last Checked: Oct 20 at 7:57PM
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 Mauricio Fernandez Piqueras
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Investment Insights
Based on property information with market context.
This retail space offers 1,873 square feet in a corner location with high visibility. Situated on a busy intersection at NW 7th Avenue and 62nd Street, just off I-95, the property benefits from a daily traffic count exceeding 35,000 vehicles and heavy pedestrian flow. It is located in an Opportunity Zone with potential tax advantages. The space has been recently painted and upgraded. A strong public transportation hub is located right outside. It is suitable for retail, service, or any business seeking maximum exposure in a thriving corridor.
Key Highlights
- High‑visibility corner location at a busy intersection (NW 7th Ave & 62nd St) with 35,000+ daily traffic count.
- 1 Month Free Rent Move‑In Special.
- Located in an Opportunity Zone with potential tax advantages.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,108
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,222,160
$1.2M
Cap Rate 7%
$872,971
$873.0K
Cap Rate 9%
$678,978
$679.0K
Market Conditions
NOI Build-Up for 1,873 SF
Gross rent
$97.3K $51.96/SF
− Vacancy
−$10.0K −$5.35/SF
EGI
$87.3K $46.61/SF
− OpEx
−$26.2K −$13.98/SF
NOI
$61.1K $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%
$1,222,160
Cap Rate 7%
$872,971
Cap Rate 9%
$678,978
Alternative Uses
Best Use
Retail
$873.0K
$763.9K – $1.02M
NOI $61,108 @ 7.0% cap · market cap 1,247.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.26M
$1.11M – $1.48M
NOI $88,500 @ 7.0% cap · market cap 1,806.12%
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
1,739
Businesses Nearby
Explore this area
Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
Median Home Value
Check the figures for this property
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 in high-traffic area, ready for your business.
Where is this retail space located?
The property is located at 6211 NW 7th Ave 669-75 Miami, FL.
What are key features of this property?
This property features: High‑visibility corner location at a busy intersection (NW 7th Ave & 62nd St) with 35,000+ daily traffic count.; 1 Month Free Rent Move‑In Special.; Located in an Opportunity Zone with potential tax advantages.
