BU-2 Storefront
For Sale
$3,700,000
Pending
7305 Bird Rd, Miami, FL 33155
Flexible commercial space suited to retail, office, showroom, and specialty service uses.
Property Size4,300 SF
Days on Market85
Property Features for 7305 Bird Rd
General Information
Standard status
Pending
Size
4,300 SF
Zoning
BU-2
Taxes and HOA fees
Annual Taxes
$29,133
Listing Agency:
APEX Capital Realty LLC
(305) 350-3584
Listed By:
Adriano Master Salucci · License #SL3470836
(305) 350-3584
Source:
Exprealty
Added: Jun 9
Changed: Aug 31
Last Checked: Aug 31 at 7:14PM
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 APEX Capital Realty LLC
Investment Insights
Based on property information with market context.
This 4,300-square-foot storefront property is positioned for retail-oriented commercial use and offers a flexible layout for office, showroom, and specialty service operations. BU-2 zoning supports the listed range of uses, giving the building adaptable commercial functionality.
The property is located at 7305 Bird Rd in Miami’s Historic Bird Road District, with prominent frontage and proximity to major thoroughfares and surrounding residential areas. Its setting places the building within an established commercial corridor serving nearby neighborhoods.
The property is located at 7305 Bird Rd in Miami’s Historic Bird Road District, with prominent frontage and proximity to major thoroughfares and surrounding residential areas. Its setting places the building within an established commercial corridor serving nearby neighborhoods.
Key Highlights
- 4,300 SF retail property
- BU‑2 zoning supports retail, office, showroom, and specialty services
- Prominent frontage along Bird Road
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$140,290
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,805,800
$2.8M
Cap Rate 7%
$2,004,143
$2.0M
Cap Rate 9%
$1,558,778
$1.6M
Market Conditions
NOI Build-Up for 4,300 SF
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.
Gross rent
$223.4K $51.96/SF
− Vacancy
−$23.0K −$5.35/SF
EGI
$200.4K $46.61/SF
− OpEx
−$60.1K −$13.98/SF
NOI
$140.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,805,800
Cap Rate 7%
$2,004,143
Cap Rate 9%
$1,558,778
Alternative Uses
Best Use
Retail
$2.00M
$1.75M – $2.34M
NOI $140,290 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.90M
$2.54M – $3.39M
NOI $203,177 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,545
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33155, FL
43,695
Population
16,046
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
85%
High-School Grad
7.4 sq mi
ZIP Area
5,905
Density / Sq Mi
$79,271
Median Household Income
$41,919
Median Earnings
$1,871
Median Rent
$505,000
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- C S Orchids Inc — 4936 SW 75th Ave, Miami, FL 33155
- Fleur Details — 4608 SW 75th Ave, Miami, FL 33155
- Vivian Colls Events — 7174 SW 47th St, Miami, FL 33155
- Coral Flower Boutique — 4728 SW 72nd Ave, Miami, FL 33155
- House of Design Events — 7028 SW 46th St, Miami, FL 33155
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial space suited to retail, office, showroom, and specialty service uses.
Where is this storefront property located?
The property is located at 7305 Bird Rd Miami, FL.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: 4,300 SF retail property; BU‑2 zoning supports retail, office, showroom, and specialty services; Prominent frontage along Bird Road
