Retail Storefront
7111 Biscayne Blvd Miami, FL 33138
7111 Biscayne Blvd, Miami, FL, 33138
$5,300,000
For Sale
$5,300,000
Retail storefront property for sale on Biscayne Boulevard in Miami, Florida.
Property Size5,294 SF
Price / SF$1,001
Days on Market150
Property Features for 7111 Biscayne Blvd
General Information
- Standard status
- Active
- Size
- 5,294 SF
- Property subtype
- Retail
Listing agency
(305) 371-3592
Listed by
The Keyes Company
Source
Xome
Added: Feb 22 Updated: Jul 21 at 1:38PM Checked: Jul 22 at 3:34AM
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 The Keyes Company
Investment Insights
Based on property information with market context.
For sale retail storefront property located at 7111 Biscayne Blvd in Miami, Florida (33138). The offering is positioned along the Biscayne Boulevard corridor and is presented as a commercial retail space suitable for an end-user or investor.
The property is part of a broader retail setting, with additional retail and dining activity described in the immediate area within the corridor. As presented, the site’s primary value is its storefront retail presence on Biscayne Boulevard and its availability for purchase by qualified buyers seeking a retail-oriented location in Miami.
The property is part of a broader retail setting, with additional retail and dining activity described in the immediate area within the corridor. As presented, the site’s primary value is its storefront retail presence on Biscayne Boulevard and its availability for purchase by qualified buyers seeking a retail-oriented location in Miami.
Key Highlights
- Retail storefront property for sale on Biscayne Boulevard in Miami, Florida
- Located at 7111 Biscayne Blvd
- Includes 3 guest facilities
Local 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 | $275.1k | $51.96 |
| − Vacancy | −$28.3k | −$5.35 |
| EGI | $246.7k | $46.61 |
| − OpEx | −$74.0k | −$13.98 |
| NOI | $172.7k | $32.63 |
5,294 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.47M
$2.16M – $2.88M
NOI $172,720 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.57M
$3.13M – $4.17M
NOI $250,144 @ 7.0% cap · market cap 4.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Two Door Productions
Film Production
French Villa
(Bike/Boat/Book/etc) Store
Wallpaper Store Miami
(Bike/Boat/Book/etc) Store
Retail
Shopping Center & Mall
Similar For Sale Nearby
Similar Off Market Nearby
- Pop Heart Flower Shop — 330 NE 62nd St, Miami, FL 33138
- Warehouse 12 Events — 7622 NE 4th Ct, Miami, FL 33138
- Rose Coloured — 7338 NW Miami Ct, Miami, FL 33150
- Zoom Bloomz — 7580 NE 4th Ct Suite 109, Miami, FL 33138
- roots & roots — 7050 NE 3rd Ave, Miami, FL 33138, United States
FAQs
What type of property is this?
Storefront property - Retail storefront property for sale on Biscayne Boulevard in Miami, Florida.
Where is this storefront property located?
The property is located at 7111 Biscayne Blvd Miami, FL.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: Retail storefront property for sale on Biscayne Boulevard in Miami, Florida; Located at 7111 Biscayne Blvd; Includes 3 guest facilities
